MUMBAI: Reports that India is expected to see its driest monsoon in a decade spooked investors on Dalal Street on Friday. In late trades, sensex fell sharply to close nearly 1,100 points (1.4%) lower at 74,776 points.

Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader markets however showed…

Indian stock markets experienced a sharp decline on Friday. The Sensex and Nifty saw significant drops, wiping out substantial market capitalization. Persistent foreign investor…