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.
S&P 500, Nasdaq post best quarter since 2020 despite Iran war
Indian markets closed the quarter on a high, mirroring global trends with significant gains for the S&P 500 and Nasdaq, driven by optimism around economic