Indian stock markets experienced a sharp decline on Friday. The Sensex and Nifty saw significant drops, wiping out substantial market capitalization. Persistent foreign investor selling and concerns over global peace deals weighed on trading. Additionally, forecasts of lower rainfall this year added to market anxieties. Despite the downturn, some positive earnings reports offered a glimmer of hope.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets