MSCI index rejig, US-Iran deal worries spook Dalal Street
- Posted on May 30, 2026
- By Business News Today
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- 1 min read
MSCI index rejig, US-Iran deal worries spook Dalal Street
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.
