‘Korean markets are like small caps’, says Capitalmind Mutual Fund CEO Deepak Shenoy; Kospi jumps 5%

South Korea's Kospi index jumped 5% as investor sentiment improved on falling oil prices and positive developments in US-Iran talks. However, proposed taxes on unrealised gains introduced uncertainty, triggering significant volatility and sharp swings in major technology stocks. Capitalmind Mutual Fund CEO Deepak Shenoy drew a parallel between Korean markets and small caps, suggesting higher volatility and growth potential.