Asian Markets Tumble After US Midterms; Indian Stocks Surge, Adding ₹5 Lakh Crore

TV9 Hindi · stocks

Asian stock markets experienced significant volatility following the US midterm election results, with the Democratic Party securing a majority in the US Congress. This outcome created investor apprehension, leading to sharp declines in indices across Japan, South Korea, and Taiwan. Technology and semiconductor companies were particularly hard-hit. In contrast, the Indian stock market demonstrated resilience, continuing its upward trend for the fifth consecutive day. The BSE Sensex and NSE Nifty closed higher, boosting investor wealth by approximately ₹5.83 lakh crore.