The Indian stock market has just set a record, but not one investors hoped for. Dalal Street has logged losses for eight consecutive weeks for the first time in 25 years, surpassing the streaks seen during the 2020 Covid-19 crash and the 2008 global financial crisis.
A confluence of rising oil prices, soaring bond yields, and inflation worries has dented sentiment on the bourses, triggering a major selloff in Indian equities.
