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. Rising oil prices and capital flight have turned India from a preferred market into a cautious bet. Despite corrected valuations, global investors remain unconvinced, with weak dollar returns limiting fresh inflows.
Ceigall India shares gain 4% after securing LoI for Rs 5,300 crore power transmission project
Ceigall India shares rose nearly 4% after the company received a Letter of Intent from REC Power Development and Consultancy for a Rs 5,300 crore