Foreign institutional investors (FIIs) offload Rs 35,658 crore in Indian stocks in early January, citing rising US bond yields and a weakening rupee. Financials suffer the most with Rs 12,200 crore sold, while minimal buying is seen in textiles and media. Analysts recommend focusing on quality stocks and defensive sectors, anticipating continued volatility.
Oil prices fall 1% as investors weigh pause in US strikes on Iran
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy