The benchmark KOSPI was down 730.49 points, or 8.18 per cent, at 8,199.81, as of 0318 GMT

KOSPI, stock market, stocks, share market

Reuters

ICICI Securities says Indian equities may be emerging from a prolonged weak phase as valuations ease, growth improves and key macro risks recede

Equity markets around the world continue to be on a tear. The MSCI Global Equity Index is close to its lifetime highs, up a staggering 30 per cent over the last year. But it is not just equities; all asset classes have thrived in recent months.

Business Standard

Assets of passive funds tracking the Nifty IT index have risen 23 per cent over the past year despite a sharp correction, signalling strong investor interest in the sector

Nifty IT index

Easing crude oil prices, strong demand and IndiGo's expansion plans are expected to boost earnings, while lower fuel costs could improve margins across the aviation sector

Indigo

Alibaba shares hit a 16-month low after Anthropic accused it of illicit AI model access, deepening concerns over China's AI ambitions and slowing growth

Alibaba

Bloomberg

According to a recent India Meteorological Department (IMD) release, India recorded 45.6 mm of rainfall by June 20 against the seasonal normal of 84.4 mm, resulting in a 46 per cent shortfall.

Monsoon forecast

Indian IT firms hit their lowest Nifty 50 weight in over two decades as AI disruption fears and a sector-wide selloff erode market influence

IT weighting in Nifty drops to record low amid prolonged sector selloff

Small- and mid-cap fund SIP returns have rebounded sharply, raising hopes of renewed retail investor interest after a moderation in key MF growth indicators

funds, mutual fund, investors

The brokerage says elevated valuations, stronger opportunities in developed markets and the rise of AI-related investments could limit foreign inflows into Indian equities

Nitin Bhasin, Head – Institutional Equities, Ambit Capital

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Share Market Today | Latest Stock Market News, Sensex Today and Nifty Live Updates

Stay updated with the latest stock market news and live updates. Get real-time insights on Sensex, Nifty, stock market today, IPO news, mutual funds, and more on Business Standard.