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Asia markets start the day lower amid weak tech cues and China trade data

Asia opens weaker as tech rout and weak China trade data dampen risk appetite, with futures pointing to pressure in India too.
Asian equity markets opened the session on a cautious note as weak global technology stocks and softer-than-expected Chinese export numbers weighed on sentiment. Japan’s Nikkei dropped over 2 %, South Korea’s KOSPI slipped around 1.4 %, and India’s Nifty 50 futures were down ahead of the domestic open. Investors cited concerns over stretched tech valuations and renewed worries about growth in China, prompting flows toward safe-havens such as the Japanese yen and long-dated U.S. Treasuries. Regional markets appear to be consolidating after recent gains and await fresh catalysts.