India’s Nifty Stays Flat While Korean Markets Crash, IT Stocks Surge 3.3%
Despite an 11% plunge in South Korea’s KOSPI, India’s Nifty 50 barely slipped 0.04% to 23,985. The Nifty IT index jumped 3.3%, led by Coforge’s 10% gain after reporting 33% YoY revenue growth driven by AI‑focused services. The divergence underscores India’s resilience and the rally in its tech sector.