Nifty Extends Losing Streak to Seven Weeks, Longest in Six Years

The Nifty 50 extended its losing streak to seven consecutive weeks, marking its longest run of weekly declines in six years, as persistent selling pressure and global uncertainties continued to weigh on Indian equities. The benchmark index ended the latest week at 23,140.50, recording a decline of around 0.88 per cent.

The market remained under pressure despite a recovery towards the end of the week. Investors continued to monitor several external factors, including elevated crude oil prices, rising US Treasury yields and geopolitical developments, all of which have contributed to caution in domestic markets.

Foreign institutional investors remained a major source of pressure on Indian equities. Data cited in the report showed that foreign investors had pulled out around Rs 18,531 crore from Indian stocks through September 25. The continued outflows have added to concerns about the near-term direction of the market.

Domestic institutional investors, however, provided some support. They invested around Rs 52,617 crore in Indian equities during the period, helping to offset a portion of the selling by overseas investors. Market participants are now watching developments in global financial markets and their possible impact on Indian stocks. Crude oil prices remain a key concern because sustained increases can raise India’s import costs and affect inflation and corporate profitability.

Investors are also keeping an eye on movements in US Treasury yields, along with upcoming US economic data and commentary from the US Federal Reserve. Changes in expectations regarding interest rates could influence global capital flows and investor sentiment towards emerging markets such as India. Geopolitical developments are another factor likely to remain in focus, particularly because uncertainty in global markets can encourage investors to move towards safer assets.

Analysts cited in the report are closely tracking foreign fund flows, crude prices, US bond yields and global economic developments for indications of the market’s next direction. The Nifty’s seven-week losing streak has placed greater attention on whether domestic institutional buying and a potential improvement in global conditions can provide support to Indian equities in the weeks ahead.