Equity strategist Kranthi Bathini of Wealth Mills Securities, said as the FIIs have already withdrawn a substantial amount of funds from the Indian market already, the selling pressure is going to be limited.
Foreign institutional investors have pulled out $18 billion from Indian equities since the Iran war began, dragging the Nifty down over 9% from its peak.
HDFC Defence Fund significantly boosted its holdings in Hindustan Aeronautics and Eicher Motors during March, adding thousands of shares to its portfolio. The fund also
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