Asian markets opened lower as concerns over technology company earnings and massive AI spending sapped risk sentiment. South Korea, a key AI player, saw a significant slump, mirroring Wall Street’s tech-led decline. Investors are debating AI exposure amid skepticism about valuations and the technology’s ultimate consumer adoption.
Largecaps seen as safer harbour in stock picker’s market: Nitin Bhasin
Market participants should brace for a phase where easy returns from broad themes may fade. Selectivity, precise bet sizing, and a sharp bottom-up approach will