Most stocks trading above the three key indicators are in sectors such as consumers, pharmaceuticals, capital goods, infrastructure, public sector enterprises, and select banks. Majority of the IT stocks are below crucial moving averages, a reflection of investor aversion at this juncture.
US Stock: S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
Indian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over a week’s low on Tuesday. Semiconductor stocks experienced