US-Iran war: FIIs dump ₹12,000 crore of Indian shares in 2 days; can soaring oil prices trigger more pain?
Foreign Institutional Investors (FIIs) sold off shares amounting to ₹12,048.29 crore over the initial two days of March in the cash market due to increasing tensions in West Asia. On Wednesday, March 4 FIIs offloaded equities worth ₹8,752.65 crore, while domestic institutional investors (DIIs) purchased stocks worth ₹12,068.17 crore, as per data from the exchange….