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The Economic Times
The Economic Times
Business
Kumar Gaurav

Nifty logs 7th straight weekly loss for the first time in 6 years: Time to be fearful, or can bulls pull off a comeback?

Indian equities remained under pressure this week, with the Nifty 50 extending its losing streak to seven weeks—the longest in six years—as elevated crude prices, rising US Treasury yields, geopolitical uncertainty and accelerating FII outflows kept risk appetite subdued.

The Nifty fell about 0.88% for the week, despite a late rebound as oil prices eased and value buying emerged. Foreign investors remained the key drag, pulling out roughly Rs 18,531 crore so far this month through September 25, even as domestic institutions absorbed the selling with purchases of around Rs 52,617 crore.

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