Indian benchmark indices closed positively on Thursday, though gains lagged behind other Asian markets. Nifty rose 0.33% to 24,833.6, and Sensex increased 0.39% to 81,633.02, despite intraday dips. Underperformance was attributed to prior rallies and call writing at the 25,000 level, creating resistance. FPIs and domestic institutions were net buyers.
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,