The Nifty's two-month slide has been brutal enough to leave very few places to hide. The benchmark index has fallen for eight straight weeks, its longest losing streak in 25 years, as foreign selling and elevated crude prices squeezed risk appetite. The Nifty and Sensex lost over 8% over the eight-week stretch.
The pressure deepened in September, when foreign investors sold aggressively and crude prices stayed near uncomfortable levels for India’s macro position.
