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Nifty nears longest losing streak in 25 years. Can bulls stop the 8th consecutive weekly selloff?

By Info60 India Desk•Summary of reporting by economictimes.com•1d ago•0 views•

Indian equities face continued pressure from global uncertainty, crude prices and foreign investor outflows, but analysts see domestic resilience and moderating valuations providing support. The Nifty has become relatively cheaper after its recent correction, with earnings still growing. However, the near-term outlook hinges on the index holding 22,600 and attracting sustained buying to prevent an eighth consecutive weekly decline.

Nifty50 is one weekly close away from a milestone last seen a quarter century ago. After ending last week in the red for a seventh consecutive week, the benchmark index will record an eighth straight weekly loss if bulls fail to engineer a recovery t... [9802 chars]

Nifty nears longest losing streak in 25 years. Can bulls stop the 8th consecutive weekly selloff?

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