Tech Rout Deepens India Stock Slump as Austerity Steps Kick Off
Corroborated by 5 sources from 5 publishers
TL;DR
Tech Rout Deepens India Stock Slump as Austerity Steps Kick Off Tech Exchange ChipMOS Tech earnings missed by $0.04, revenue topped estimates.
Sources
1
Bloomberg Markets
https://www.bloomberg.com/news/newsletters/2026-05-13/it-selloff-gold-duty-hike-may-weigh-on-nifty-as-rupee-supporting-measures-start
2
Financial Times Companies
https://www.ft.com/tech-exchange
3
Investing.com News
https://www.investing.com/news/earnings/chipmos-tech-earnings-missed-by-004-revenue-topped-estimates-4683750
4
Bloomberg Markets
https://www.bloomberg.com/news/videos/2026-05-13/bloomberg-brief-5-13-2026-video
5
The New York Times (World)
https://www.nytimes.com/2026/05/13/world/asia/indonesia-nadiem-makarim-gojek.html
6
CNBC 15839069
https://www.cnbc.com/2026/05/13/tech-is-completely-dominating-the-market-but-these-sectors-could-be-poised-to-catch-up.html