Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap 100 and the Nifty SmallCap 100 rose 1.87 per cent and 0.56 per cent, respectively
Concerns about negative cash flow and the sheer scale of AI capex saw the cost of insuring against corporate defaults blow out last week
A Democratic sweep of both chambers of Congress would likely bring greater scrutiny of the AI industry and data-center buildout
Asians shares were trading mixed early Friday, as worries about the future of artificial intelligence grew after Alphabet's stock drop dragged on US markets. Japan's benchmark Nikkei 225 dropped 2.6 per cent to 62,960.60. The Bank of Japan is closing a two-day monetary policy board meeting, but most analysts expect no action this time around after the central bank raised its benchmark rate to 1.25 per cent last month. The US has also been pressuring Japan to raise rates because of concerns about the weakening yen. In currency trading, the U.S. dollar fell to 157.50 Japanese yen from 157.65 yen. The euro cost USD 1.1197, up from USD 1.1181. Australia's S&P/ASX 200 rose 0.5 per cent to 8,937.60. South Korea's Kospi declined 5.4 per cent to 5,618.76, as shares in SK Hynix and Samsung Electronics both slipped in morning trading. Shares related to the great market interest in AI have tended to be volatile, because some issues, including chip makers, get pushed up because of that ...
Alphabet's 10% after-hours slide wiped nearly $400 billion off its market value, while Samsung fell over 4% despite record profit as investors await results from Amazon and Intel
Japan's Nikkei dipped 0.8%, after losing 4.0% last week, while South Korea fell 0.4%, having shed almost 19% so far this month
MSCI's broadest index of Asia-Pacific shares excluding Japan fell 0.3% on Friday, bringing its weekly loss to 2.7% and marking a fourth straight week in the red
MSCI's Asia-Pacific index outside Japan fell 0.2%, while South Korean shares dropped over 1%. Concerns over AI spending and Gulf tensions offset stronger-than-expected US technology earnings
MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.5%, led by a 4% gain for Korean shares, while Japan's Nikkei 225 climbed 1.3%
A fall in oil prices offered some support to bonds and Wall Street stock futures, limiting Asia's losses
Japan's Nikkei and South Korea's KOSPI recover after steep losses as concerns over AI financing weigh on sentiment, while MSCI's move to downgrade Indonesia's market status triggers a sharp sell-off
South Korea's Kospi led losses across Asia, while the Nikkei fell 4.8%, as hotter-than-expected US inflation weighed on rate-cut hopes and renewed pressure on technology and AI-linked stocks
Among firms in the AI supply chain, chipmakers Samsung Electronics and SK Hynix rose more than 2% in South Korea while Kioxia was steady in Japan
In stocks, MSCI's broadest index of Asia-Pacific shares outside Japan fell 2% in early trading, with tech-heavy South Korea's KOSPI sliding 6%
South Korean stocks fell 1.1%, while MSCI's broadest index of Asia-Pacific shares outside Japan was little changed
The Nifty 50 ranked second-last among 18 major markets over the past year, ahead only of Indonesia, Bloomberg data show
Asian equities came under pressure as rising oil prices pushed up bond yields, while plans by SpaceX, Broadcom, and Oracle to raise billions added to funding concerns
In Asia, MSCI's broadest index of Asia-Pacific shares excluding Japan was down 0.3% after US stocks ended higher. The index is up 1.5% so far this month
The euro languished near 17-month lows after briefly touching $1.116 overnight, pressured by mounting fiscal concerns in France
Stocks to watch today: Vedanta's board is proposed to meet on Thursday, October 08 to consider and approve the first interim dividend on equity shares, if any, for the Financial Year 2026-27.