← Top stories
Market move▼ Bearish for Indian equities
September fundraising highest for any month this year amid Nifty's big fall
The brief
- Nifty fell 3.1% in a holiday-shortened week, extending its losing streak to eight weeks
- High US yields, rising crude and foreign outflows weighed on equities
- Foreign selling and higher yields weigh on Indian equities, while crude pressures oil-sensitive sectors
- Foreign capital shuns India despite strong growth: S&P-Crisil report
- Pulse of the Street: Eight-week slide puts RBI, earnings in focus
- Rupee ends at 96.31:Crude oil, surging yield and FII selling weigh on currency
- Rupee sinks to two-month low amid FPI selling and rising US yields
- Stock markets fall for fourth day on relentless foreign fund outflows; Sensex drops 570 points
Nifty's prolonged market selloff
The Nifty 50 fell for eight straight weeks, with reports citing a 12% decline from its September 2024 peak and a 13.5% fall in 2026. In September, it dropped 6.7% in the derivatives series as foreign investors sold and the index broke below its 200-day moving average on a weekly basis.
Thursday, 1 October
- September fundraising highest for any month this year amid Nifty's big fall