Nasdaq plunges 5.5% | Kospi down 7% | Nifty likely to see cautious start
Join us live for Opening Bell as we get you ready for the trading day on Dalal Street. Wall Street suffered a broad-based sell-off driven by fears of an unwinding of the AI trade, wiping out $2.3 trillion in market value. The Dow dropped 1,800 points, the Nasdaq tumbled into correction territory, and all three major averages posted their worst day since April 2025, with chip stocks hit hardest. The rout has deepened in Asia, with the Kospi plunging sharply at the open and the Nikkei entering bear territory. GIFT Nifty points to a cautious start for India, though the Nifty…