FPIs withdraw Rs 21,000 cr in last four trading sessions amid West Asia conflict

Factors contributing to the outflows include rupee depreciation beyond the 92-per-dollar level, elevated US Treasury yields drawing capital back to safe-haven assets, and mixed early outlook for Q4 FY26 corporate earnings, particularly margin pressures in the IT and consumption sectors.

Stock markets today March 4, 2026: Sensex sinks 1,123 pts, Nifty dives 1.55%

The conflict in West Asia intensified with Iran continuing to pound several Gulf countries in retaliation for the joint attack against it by Israel and the US. The US and Israel have also carried out fresh strikes on Iran. Photograph: