Indian equity markets witnessed a sharp 2.5% plunge this week, ending a three-week rally. Global trade tensions, H-1B visa concerns, and FII selling fueled the downturn, severely impacting IT stocks. Analyst Sudeep Shah warns of further Nifty and Bank Nifty corrections if crucial support levels fail, while Nifty Metal shows relative strength. Investors face a volatile October ahead.
Jensen Huang’s Nvidia exit raises fears over the future of AI financing
Nvidia CEO Jensen Huang’s reported departure rattled global markets, triggering concerns over the chipmaker’s leadership, AI investments and data-centre financing strategy. Nvidia shares tumbled, while