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Indian Stocks Post Longest Weekly Losing Streak Since 2020 as Oil and Rate Risks Weigh
Indian equities completed a sixth consecutive weekly decline on September 18, their longest losing streak since 2020, as elevated crude prices and tighter global monetary conditions pressured sentiment. Reuters reported the Nifty 50 closing 0.33% higher at 25,818.55 on Friday while the Sensex slipped 0.03% to 83,730.19. For the week, the indices lost 0.22% and 0.65%, respectively. Friday's selective rebound included insurance StocksStocks refers to ownership securities representing claims on companies and traded across equity markets. The term belongs in Level 7 because it helps connect macro conditions, p...Read More, while several Tata Group companies fell amid uncertainty surrounding governance and a possible Tata Sons listing.
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