US-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite this, Asian equities rebounded sharply on hopes of easing geopolitical tensions. Analysts warn sentiment remains fragile, with India’s underperformance and Taiwan’s energy-linked risks still weighing on investor outlook.
KPIT Tech plunges 24% in 3 months as auto demand weakens
KPIT Technologies faces a substantial 24% decline in stock value, predominantly due to obstacles in the automotive sector. The company’s net profit has notably decreased,