Market move● Neutral for Indian equities
Nifty rebounds after record 8-week rout, but is this a dead cat bounce investors should fear?
The brief
- Nifty rebounded around 1% on Monday after its longest weekly losing streak in 25 years
- Sensex gained as much as 700 points
- The rebound may shift sentiment for Indian equities, though the report questions its durability
- Large caps look more attractive as market correction improves valuations: DSP MF report
- Indian IT stocks could see a turnaround as AI fears ease: Moshe Katri
- 5 stocks with consistent score improvement and upside potential of up to 32% in 1 year, according to analysts
- Up 1,050% in 9 months! Nirmal Bang sees 40% upside in this multibagger stock; here's why
- US Market: Record equity exposure leaves systematic funds exposed to pullback
Nifty’s 2026 decline and prolonged losing streak
The Nifty 50 fell about 13% in 2026 amid foreign investor selling, high oil prices and global pressures. It recorded eight consecutive losing weeks, its longest weekly losing streak in 25 years, and was below its 200-week moving average, with 22,600 cited as a key level.
Monday, 5 October
- Nifty rebounds after record 8-week rout, but is this a dead cat bounce investors should fear?