Indian markets experienced a significant downturn on Friday, with the Nifty closing 1.5% lower due to broad-based profit booking and increased volatility from MSCI index rebalancing. Analysts anticipate range-bound movement next week, though mid and small-cap stocks may continue to outperform. Global sentiment saw some relief from a potential US-Iran ceasefire.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets