📈 Stocks & Economy🇮🇳 India
Magnificent 7 Lose $2 Trillion in June — and Indian Tech Portfolios Feel the Burn
CNBC·Saturday, 4 July 2026
The seven biggest US tech stocks — Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla, and Amazon — collectively shed roughly $2 trillion in market value during June 2026, pushing the group into the red for the year. The decline marks a sharp reversal for stocks that had dominated global markets. The article examines what drove the selloff.
Why It Matters
Many Indian mutual funds, ETFs, and direct investors have significant exposure to these US tech giants, so a $2 trillion wipeout directly hits portfolios across India.
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