Asian equity markets exhibited sharp DivergenceA disagreement between price and an indicator’s momentum. It can warn that a move is tiring, but price structure still decides the trade.Read More on Thursday. Tech-heavy indices saw steep headwinds, with the KOSPI sinking sharply and Nikkei 225Nikkei 225 refers to the Nikkei 225, often referred to as the Nikkei, is a stock market index that represents the performance of the 225 largest companies listed on the Tokyo St...Read More shedding 1.3% following Wall Street's tech DrawdownThe decline from an account’s previous peak to a later low. It measures the damage a strategy or trader must recover from.Read More and hotter U.S. InflationA broad rise in prices that reduces money’s purchasing power. Central banks watch inflation because it affects interest-rate decisions.Read More data. Conversely, Indian equities surged over 1.7%, propelled by enterprise IT earnings and domestic capital inflows taking advantage of foreign institutional rotation.
Asian equity markets traded mixed as concerns over stretched artificial intelligence valuations prompted investors to rotate between sectors and markets. Technology shares faced pressure, while some investors shifted towards other industries amid uncertainty over earnings growth, interest rates and the sustainability of AI-related investment.
