Nikkei rises 1.4%, Hang Seng down 0.9% on Nvidia CEO exit
Asian stocks steadied, with Japan's Nikkei up 1.4% and Hong Kong's Hang Seng down 0.9%, as Nvidia's CEO resignation weighed on AI stocks.
India's Nifty 50 fell nearly 1% in pre-open trade, and the rupee weakened amid suspected RBI dollar sales.
India's Nifty 50 index dropped nearly 1% during pre-open trading, while the rupee faced downward pressure. Traders indicated that the Reserve Bank of India was probably offloading US dollars in an effort to limit the currency's decline, signaling that policymakers continue to aim at reducing turbulence as the local market starts the session on a weak note.
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Asian stocks steadied, with Japan's Nikkei up 1.4% and Hong Kong's Hang Seng down 0.9%, as Nvidia's CEO resignation weighed on AI stocks.
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