Rising India-Pakistan tensions have rattled investor sentiment, causing a sharp market selloff. Analysts say the impact appears short-term and sentiment-driven, with a potential rebound likely next week. Weak earnings momentum, particularly in IT and FMCG, adds to market concerns. Mid- and small-cap valuations remain stretched, and policy uncertainty is expected to keep equity market volatility elevated.
Global Market Today: Asian stocks climb after tech shares power Wall Street
MSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to gains. South Korea’s