New Delhi, June 25 -- South Korea's stock market has become one of the world's most volatile equity markets over the past week, witnessing massive swings in both directions as investors grapple with changing sentiment around artificial intelligence (AI) stocks and fresh concerns over a proposed tax on unrealised gains.

Capitalmind founder Deepak Shenoy summed up the recent turbulence in a post on X, comparing the country's benchmark indices to small-cap stocks known for their sharp price swings.

"Korean markets are like smallcaps. Down 10% today. Up 10% another day. Crazy stuff. Apparently this time it's because the lawmakers are considering taxing unrealized gains. Imagine how much Samsungs founder family will have to pay!"

His remark...