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

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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.