The Economic Times

Post-March washout, Niftys positive April seasonality faces formidable headwinds from war, rupee & energy risks

Indian stocks face headwinds in April due to the Iran-Israel conflict, FII outflows, and a weakening rupee. Despite a historically positive April for the Nifty, driven by domestic buying, current technicals suggest persistent downside pressure. FIIs have been net sellers, influenced by global risk-off sentiment.