Sensex Today | Nifty 50 | Stock Market Live Updates: The Indian stock market slipped into the deep red on Wednesday, with Sensex and Nifty falling around 1% in the morning as escalating US-Iran tensions, soaring oil prices and other factors spooked investors.
- Rajesh Palviya, Head of Research, Axis Direct
FIIs have remained heavy sellers of Indian equities since September 2024, with nearly $60 billion in cumulative outflows. However, Q1 shareholding data suggests they are becoming more selective, with some bets delivering strong gains. HFCL saw FII ownership more than double to over 15%, while its stock surged 214%, highlighting the payoff from targeted investments. Read more
Stocks fell sharply at the start of Asian trading on Wednesday as a bond market-driven selloff in global markets spilled into the region. Renewed U.S. attacks on Iran pushed oil prices higher, adding to investor concerns and weighing on market sentiment.
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