Despite headline index weakness, underlying market structure shows improvement with successive higher bottoms forming. Rohit Srivastava notes heavy sectoral rotation, with banking, metals, and autos showing strength. He favors second-line private lenders over large banks for better momentum.
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
July 28, 2026