Indian markets experienced a significant downturn this week, with the Nifty losing over 1.28% and breaching key support levels. Volatility surged as the India VIX climbed, indicating heightened investor caution. While Indian equities showed resilience against global peers, the near-term trend appears weak, suggesting a cautious approach and focus on capital preservation for the upcoming trading sessions.
US stocks today: US stocks end lower for the day and week as chip selloff broadens
Wall Street declined as AI-driven chip stocks extended losses, triggering broader risk-off sentiment. Semiconductor shares saw sharp weekly declines, while energy stocks gained on rising