Indian Markets Plunge Amid US-Iran Tensions, Record FII Outflow
Indian markets, including the Sensex and Nifty, have experienced a significant fall, with over Rs 51 lakh crore wiped out and a record selloff by foreign institutional investors, marking their worst year-end performance since the Covid pandemic, as the rupee breaches 95 against the US dollar amid ongoing US-Iran tensions.
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US-Iran war bleeds Sensex! Rs 51 lakh cr gone, record FII wipeout - any end in sight?
The selloff by foreign institutional investors (FIIs) has been particularly pronounced. Rupee has seen its worst financial year in over 14 years, breaching the 95 per dollar mark in trade on the last trading day (March 30) of the fiscal year.
By SMRITI JAIN
Read full article →Sensex, Nifty fall over 2%; mark the worst end to year since Covid pandemic
In contrast, key Asian peers posted strong gains, with South Korea’s Kospi surging 109%, Taiwan’s Taiex rising 53% and Japan’s Nikkei 225 advancing 45% in FY26.
Read full article →Markets close at over two-year low, rupee breaches 95 mark US iran-war-oil-prices
By Akash Mandal
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