Asian tech stocks, particularly Apple suppliers like Foxconn and Quanta, surged following the U.S. government’s temporary tariff exclusions on key electronics. While analysts see this as a positive step for tech companies and China negotiations, uncertainty remains. Trump hinted at future semiconductor tariffs, causing mixed reactions among chipmakers like TSMC and SK Hynix, as the market awaits further details.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is