58
Markets2h 45m ago

The Nifty IT index rose 4% while the Kospi index fell 9% due to weakness in chip trade in South Korea.

South Korea

Who
VK Vijayakumar,Geojit Investments Limited
What
The Nifty IT index rose 4% while the Kospi index fell 9% due to weakness in chip trade in South Korea.
When
Mon, 13 Jul 2026 09:52:55 GMT · 2h 45m ago
Where
South Korea ·
Why
Foreign Institutional Investors (FIIs) are reducing concentration risk in chip stocks and reallocating funds to stabler markets with long-term growth prospects.
The Frontline Impact

How this affects you

Weakness in South Korea's chip trade is perceived as positive for India's IT market, leading to a divergence in index performance.

Story chain

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