Shares in Australia and Japan opened lower after the S&P 500 lost 1.6% Thursday, erasing its gains for the year. The Nasdaq 100 declined 2.8%, as tech stocks weighed on US benchmarks.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and