Iran-Israel war or election jitters? Why FIIs decamped with Rs 20,000 cr?
Fri, Apr 19, 2024 1:36 PM

Iran-Israel war or election jitters? Why FIIs decamped with Rs 20,000 cr?

A Flip by Shubhangi Gupta
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Amid multiple big-ticket events like the beginning of Lok Sabha elections and Q4 earnings season, foreign institutional investors (FIIs) have withdrawn about Rs 20,000 crore in just 4 trading sessions. But the real stress points for FIIs are rising bond yields, Iran-Israel war and a tweak in the India-Mauritius tax treaty. In the last 5 days, Nifty has lost about 3.5% of its value.

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