Bajaj Allianz Life’s CIO expects Indian equities to remain constructive over the next 12–18 months, with earnings revival from Q3 FY26. Consumption, pharma, and select financials lead growth prospects, aided by GST cuts and rate relief. QSR stocks, despite recent underperformance, are viewed as contrarian long-term opportunities.
South Korea’s KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK