Asian Markets Tumble as Kospi Plunges 6% on Chip Fears

Asian Markets Tumble as Kospi Plunges 6% on Chip Fears

South Korea's Kospi plunged 6% to below 6,000, its lowest since July 31, as Samsung Electronics and SK Hynix fell 6-8% on concerns over Chinese chipmaker progress. The Nikkei 225 dropped 2%, while Wall Street ended mixed. In India, the Sensex and Nifty closed at day's lows, with the Nifty below 22,400, as FIIs sold equities worth ₹1,708 crore.

Source: Moneycontrol

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