Fundamentals

• Market expert Vinod Nair suggests that Indian equities are positioned to outperform global peers in the medium term due to resilient domestic demand and reasonable valuations. • The Nifty50 has shown strength by recovering quickly from geopolitical volatility in West Asia and crude price spikes, finding steady support between 23,900 and 24,100. • Early Q1FY27 results and business updates indicate that corporate earnings growth may be stronger than previously anticipated by investors.

• South Korea is experiencing a stock market frenzy driven by AI speculation, leading to sharp price swings and increased volatility. • Market movements are being fueled by leveraged investment products rather than corporate fundamentals, unsettling both regulators and investors. • This instability complicates the valuation of South Korean equities, which is critical given the nation's role as a primary supplier of AI-related semiconductor technology.

• The Indonesian stock market (IDX) is currently experiencing heightened volatility and persistent downward pressure. • This decline is primarily driven by prolonged foreign capital outflows resulting from global economic uncertainties and potential downgrades from global index providers. • A shift in investor behavior is occurring, where massive IPO oversubscriptions are no longer seen as guarantees of success, leading investors to prioritize company fundamentals over market hype.