Indian IT major shares, including Infosys, Tech Mahindra, HCL Tech, and TCS rallied after US Federal Reserve official John Williams indicated that interest rates could fall “in the near term.” These remarks significantly boosted expectations for a December policy easing (rate cut) by the US Fed.
South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq