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Market move▼ Bearish for Indian equities
Indian Markets Log 8th Straight Weekly Decline: Six Factors Driving The Worst Selloff In 25 Years
The brief
- The Nifty's eight-week losing streak is its longest since 2001
- Persistent selling pressures Indian equities, including Nifty and Sensex constituents
- Nifty extends slide to eighth straight week, longest in 25 years; TMPV, Maruti, M&M, Jio Financial among top drags
- Taking Stock: Bears tighten grip; Nifty below 22,500, Sensex sheds 571 points
- Stock market crash: Here’s what market experts said about the road ahead
- 10 microcap stocks slumped up to 32% in just one month. Were they in your portfolio?
- RBI rate hike expected in October? What it means for Sensex, Nifty | Experts decode
Indian equities’ prolonged sell-off
The Sensex and Nifty fell to six-month lows amid foreign investor selling, rising bond yields, a weak rupee, high oil prices and Iran-related tensions. The sell-off included an intraday ₹9.5 lakh crore loss, and the market recorded an eighth straight weekly decline, its longest losing streak in 25 years.
Thursday, 1 October
- Indian Markets Log 8th Straight Weekly Decline: Six Factors Driving The Worst Selloff In 25 Years