Asian markets today: Kospi, Nikkei 225 reverse gains, fall up to 3% after Donald Trump's address on Iran war

Global geopolitical events, especially those involving major powers, significantly influence investor sentiment across Asian markets, including India.

Consider defensive positions or short-term bearish strategies for index futures.

For Indian markets, this story mainly matters for the auto pocket. The current signal is bearish, so traders should watch whether the effect spreads across the sector or stays limited to a single name.

Watch whether the market validates this read through price action, volume, and breadth. If the headline matters, the signal should show up in execution, not just in commentary.

• •Asian markets gave up earlier gains on Thursday, April 2.
• •Markets fell up to 3% after President Donald Trump’s address on the Iran war.
• •Risk flag: Any de-escalation news could lead to a quick rebound
• •Risk flag: Domestic factors might cushion the impact