in5points
FinanceTimes of India

Asian markets tumble as AI stock sell-off deepens; Nikkei sinks nearly 6%, HSI plunges 2%

in5points
  1. Japan's Nikkei 225 plunged 5.8% to 62,945.97, leading regional losses amid AI stock sell-off.

  2. Taiwan's benchmark dropped more than 5%, while Hong Kong's Hang Seng Index slipped 2% to 24,514.29.

  3. China's Shanghai Composite fell 1.6% to 3,818.59, and Australia's S&P/ASX 200 lost 0.7% to 8,775.70.

  4. Indian equities traded in green with BSE Sensex at 77,903.91 and NSE Nifty50 above 24,250.

  5. Nvidia fell 2.4%, Micron Technology dropped 5.6%, and SanDisk slid 12.6% on Wall Street.

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Times of India

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Sahu Jain family

Times Group

Bennett, Coleman & Co. (Sahu Jain family)

India's largest newspaper group by circulation.

Wikipedia: Sahu Jain family