Indian stock markets experienced a significant drop on Friday, with major indices closing lower. This decline was largely driven by outflows related to MSCI index rebalancing. Despite a tentative ceasefire extension between the US and Iran easing oil prices, market sentiment remained subdued. Foreign investors were net sellers, while domestic institutions provided some support.

Indian stock markets opened lower on Wednesday. Sensex and Nifty saw minor declines. Investors are watching US strikes on Iran and their effect on peace deal hopes. Broader…

A key trigger behind the Sensex drop was growing uncertainty over the prospects of a lasting peace arrangement between the United States and Iran. | India News

Sensex fell 1,092 points and Nifty slipped 359 points after MSCI index rebalancing triggered heavy foreign outflows and late-session selling pressure.

Indian stock markets experienced a significant drop on Friday, with major indices closing lower. This decline was largely driven by outflows related to MSCI index rebalancing.…