Asian stocks showed signs of losing momentum Friday, with indexes opening lower in South Korea and Japan, while global equities remained flat. Investors are closely watching Chinese stocks after JPMorgan upgraded its recommendation, and are also focused on the yen’s stability amid steady Tokyo inflation and potential Bank of Japan rate hikes.
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,