Asian stocks opened higher, following Wall Street’s record rally fueled by robust US economic growth data. Gold, silver, and copper prices surged to new highs, while oil extended its gains amid geopolitical tensions. Despite strong US growth, bets on near-term Federal Reserve easing were scaled back as risk appetite remained firm heading into year-end.
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,