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Nifty futures indicate a weak opening as foreign investors are reportedly selling off local shares in favor of Chinese equities. This trend comes amid a broader market downturn, particularly affecting the semiconductor sector. Investors in chip stocks are facing renewed uncertainty following a disappointing outlook from ASML, a key supplier of equipment to the industry. The global chip market has experienced significant losses, with stocks shedding approximately $420 billion as the ASML news halted a recent rebound in the sector.
Nifty futures point to a weak start with foreign investors dumping local shares, presumably in favor of Chinese equities. Read for free with your email on what else could move markets today https://t.co/tTOnPkgZKD
Nifty futures point to a weak start with foreign investors dumping local shares, presumably in favor of Chinese equities. Read for free with your email on what else could move markets today https://t.co/8bFmFtZroc
Nifty futures point to a weak start with foreign investors dumping local shares, presumably in favor of Chinese equities. Read for free with your email on what else could move markets today https://t.co/i8hZDNingP