Foreign institutional investors (FIIs) have sold approximately ₹11,000 crore worth of Indian equities over two trading sessions amid escalating tensions in West Asia, particularly between the US and Iran. On Thursday alone, FIIs offloaded shares worth ₹8,752 crore, while domestic institutional investors (DIIs) stepped in to buy ₹12,068 crore, providing some support to the market. Despite this, the BSE Sensex experienced a significant decline, dropping over 1,122 points and resulting in a total market cap loss of ₹16.32 lakh crore in just two days. The volatility is exacerbated by rising crude oil prices, which increased by 1.63% to $82.73 per barrel, raising concerns about inflation and the current account deficit. Analysts warn that continued foreign selling and geopolitical uncertainties could further destabilize market sentiment. The technical outlook indicates critical support levels at 24,300 for Nifty and 78,500 for Sensex, with a potential shift in sentiment if these levels are breached.