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.
Yen finds footing after intervention, dollar near 6-week low on Mideast hopes
Currency markets took a breather as the Japanese yen gained traction, influenced by recent intervention measures. Meanwhile, the U.S. dollar index lingered near its six-week
August 5, 2026