Indian IT stocks jumped as much as 5.2% on Tuesday after global software shares rebounded on Monday following calls from leading AI executives to slow development, warning the technology could pose existential risks. AI-related names had plunged earlier on concerns that AI could strip value from parts of software companies’ businesses. India’s $315 billion IT sector—seen as particularly exposed because of its hourly-billing model—has been the weakest sector over the past year; the Indian IT inde

China A-shares were mixed at midday: Shanghai Composite -0.1%, Shenzhen Composite +0.04%, ChiNext -0.18%. Wind-power equipment stocks led gains, with Tianshun Wind Energy and Dajin Heavy Industry hitting limit-up; PCB names were active, Huazheng New Materials limit-up. MLCC, semiconductors, coal and minor metals also outperformed; grain, tourism, hotels & catering and property underperformed. Market breadth was negative with nearly 4,000 stocks down and half-day turnover above 1 trillion yuan.

Kyiv mayor Vitali Klitschko said a drone struck a fuel station in the capital Tuesday morning and that a warehouse in another district was also hit; a witness reported an explosion. The attack follows Trump’s Monday comment that Ukraine and Russia agreed not to target each other's energy infrastructure. Russian strikes have recently expanded to Kyiv's fuel stations; in recent months Russia has hit roughly 300 fuel stations, mainly in and near frontline areas. President Zelenskiy said Monday Kyiv would support a US proposal for a ceasefire limited to energy facilities only, provided Washington can ensure Moscow is genuinely prepared to halt operations.