Asian equities delivered a mixed performance on July 2, 2026. South Korea's KOSPI plunged nearly 8%, while Japan's Nikkei and China's Shanghai Composite declined amid a global AI chip selloff triggered by Meta's cloud strategy. Hong Kong bucked the trend with gains, and India's Nifty rose on a strong IT rally, lower crude oil prices, and improving investor sentiment.
Read MoreAsian equities delivered a mixed performance on July 2, 2026. South Korea's KOSPI plunged nearly 8%, while Japan's Nikkei and China's Shanghai Composite declined amid a global AI chip selloff triggered by Meta's cloud strategy. Hong Kong bucked the trend with gains, and India's Nifty rose on a strong IT rally, lower crude oil prices, and improving investor sentiment.
Global equity markets started the third quarter of 2026 on a mixed note, with gains in China and Japan driven by strong PMI data and AI-led tech buying, while South Korea and Hong Kong declined amid geopolitical uncertainty and risk-off sentiment. Indian markets advanced as easing crude oil prices, optimism around US-Iran talks, and strong domestic sector performance supported the Nifty 50. Key global drivers included China’s manufacturing recovery, Japan’s yen-driven export boost, and continued volatility in tech and geopolitical developments shaping investor sentiment across regions.
Asian equities ended mixed as China and Hong Kong rebounded on lower oil prices, Japan edged higher, South Korea slipped slightly, and India fell below the 24K mark amid profit-taking and global uncertainty.
Micron posted record Q3 FY2026 results with revenue soaring to $41.46 billion and net income reaching $28.24 billion. Strong AI-driven demand, expanding margins, robust cash flow, and a bullish Q4 outlook highlight the semiconductor giant's continued growth momentum.
The South Korean KOSPI fell nearly 10% in its sharpest drop in months, driven by heavy selling in semiconductor giants Samsung Electronics and SK Hynix amid profit-taking and global tech weakness.
SpaceX shares have reversed sharply after a strong IPO rally. Learn the key reasons behind the volatility, including retail flows, debt concerns, and lockup pressure.
The Indian stock market extended its gains on July 2, 2026, with the Nifty closing at 24,175.70 and the Sensex rising 579 points. A strong rebound in IT stocks, lower Brent crude prices, easing US-Iran tensions, a stronger rupee, and lower India VIX boosted investor confidence, while Realty, Auto, Chemicals, Cement, and Consumer Durables also ended in positive territory.
Indian benchmark indices snapped a two-session losing streak on July 1, 2026, as the Nifty 50 climbed above the 24,000 mark and the Sensex gained 444 points. The rally was driven by easing crude oil prices, positive global cues, strong June auto sales, and broad-based buying in Realty, FMCG, Auto, and financial stocks, while IT remained under pressure amid concerns over slowing global technology spending.
The Indian stock market ended in the red on June 29, 2026, as renewed US-Iran tensions, higher crude oil prices, and profit booking weighed on investor sentiment. Nifty slipped to 23,946 while Sensex lost 372 points. Pharma stocks emerged as the top performers on biosimilar and export optimism, whereas Auto, IT, and Cement sectors witnessed broad-based selling amid cautious global cues.
Indian benchmark indices ended slightly higher on June 25, 2026, supported by easing Brent crude prices, a stronger rupee, and positive RBI commentary. Auto stocks led gains with strong rallies in Mahindra & Mahindra and Maruti Suzuki, while metal, oil & gas, and IT stocks remained under pressure. Lower market volatility and improving global sentiment helped sustain investor confidence.
The Indian stock market extended its gains on July 2, 2026, with the Nifty closing at 24,175.70 and the Sensex rising 579 points. A strong rebound in IT stocks, lower Brent crude prices, easing US-Iran tensions, a stronger rupee, and lower India VIX boosted investor confidence, while Realty, Auto, Chemicals, Cement, and Consumer Durables also ended in positive territory.
Indian benchmark indices snapped a two-session losing streak on July 1, 2026, as the Nifty 50 climbed above the 24,000 mark and the Sensex gained 444 points. The rally was driven by easing crude oil prices, positive global cues, strong June auto sales, and broad-based buying in Realty, FMCG, Auto, and financial stocks, while IT remained under pressure amid concerns over slowing global technology spending.
The Indian stock market ended in the red on June 29, 2026, as renewed US-Iran tensions, higher crude oil prices, and profit booking weighed on investor sentiment. Nifty slipped to 23,946 while Sensex lost 372 points. Pharma stocks emerged as the top performers on biosimilar and export optimism, whereas Auto, IT, and Cement sectors witnessed broad-based selling amid cautious global cues.
Indian benchmark indices ended slightly higher on June 25, 2026, supported by easing Brent crude prices, a stronger rupee, and positive RBI commentary. Auto stocks led gains with strong rallies in Mahindra & Mahindra and Maruti Suzuki, while metal, oil & gas, and IT stocks remained under pressure. Lower market volatility and improving global sentiment helped sustain investor confidence.
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