Asian stocks extended losses for a second day, mirroring a Wall Street selloff driven by concerns over AI’s impact on software profits and rising U.S. layoffs. Precious metals and cryptocurrencies also experienced significant volatility, with gold, silver, bitcoin, and ether all declining sharply.
Sensex crossed 85K for first time 2 years ago, now down 10K points from milestone. What can trigger the next bull run?
Two years ago, Sensex soared to an impressive 85,000, but the market has seen a steep decline since then. This downturn is attributed to several