Asian stock markets are trading negative except for India

Asian equities fell across the region on Thursday, with every major market except India closing lower as the technology and semiconductor selloff that began in the U.S. and Europe spread into regional indexes. India was the sole exception, bucking the broader downtrend. The move matters because it signals that weakness in global chip and tech stocks is now transmitting into Asian markets rather than staying contained to Western exchanges. Investors will watch whether the selling deepens in semiconductor-linked names and whether India can keep decoupling from the region-wide risk-off tone.