Investors face market jitters following the US government shutdown, with economic data gaps casting doubt on Federal Reserve rate cuts. Soaring AI stock valuations are also under pressure, leading to a sell-off. Markets remain uncertain as crucial economic indicators are delayed, prompting a cautious outlook for interest rate decisions.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,