Broader Markets Underperform Benchmark Indices
For the week ended October 16, the Nifty Midcap 100 rose and the Nifty Smallcap 100 declined. The Sensex rose 2,256.94 points, or 3.11%, to 74,72…
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India equities: longest weekly losing streak in 25 years
India's benchmark indices posted their eighth straight weekly loss, marking the longest losing streak in 25 years. They also logged their steepest monthly drop since March. Foreign investors have seen record selling this year, with outflows reaching $27.8 billion.
Broader markets underperform, extend losing streak to third week
The broader markets remained under pressure during the week, extending their losing streak for the third consecutive week. The Nifty Midcap 100 fell 2%, while the Nifty Smallcap 100 declined nearly 1%. Both indices underperformed the benchmark indices amid a weak market environment, weighed down by…