Asian shares declined as AI’s impact on profits and tariff uncertainty worried investors. Wall Street saw a significant drop, with tech stocks particularly affected by AI disruption fears. This follows a strong start to the year for Asian markets compared to the US.
Market volatility to persist amid geopolitical and tariff uncertainty: Amnish Aggarwal
Indian markets face uncertainty driven by US tariff concerns and geopolitical factors, leading to cautious sentiment. AI’s impact on IT services remains unclear, while digital