Indian Stock Market Crash Erases ₹5.77T After MSCI-Led Selloff

TLDR: MSCI index rebalancing triggered massive passive fund outflows during Friday’s closing session. The Indian stock market crash erased ₹5.77 trillion in investor wealth within a single trading day. Monsoon concerns and geopolitical uncertainty added pressure across banking, energy, and auto stocks. Sensex plunged 1,092 points while Nifty 50 recorded a sharp 359-point weekly decline. [...]

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