Indian markets ended sharply lower on Friday. Investors now face a packed calendar of global and domestic triggers. The Iran-Israel conflict could escalate, impacting markets. US markets also closed lower. Crude oil prices surged, potentially affecting inflation. FIIs sold equities, while DIIs bought. The IT sector remains under pressure. Oil marketing companies and paint/tyre firms may face headwinds.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The