Indian markets extended their losing streak, with Sensex falling 424.90 points and Nifty dropping 117.25 points. Weak global cues, U.S. tariffs, and FII outflows impacted sentiment. U.S. markets tumbled, while European stocks hit record highs. Nifty showed bearish patterns, with key support at 22,500. Heavy trading seen in Godrej Industries, Vodafone Idea, and Mahindra & Mahindra.
India the new ‘no-go’ zone for FIIs? 7 brutal truths behind $18 billion exodus
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.