8 weeks, 2,000 points gone: Nifty’s longest losing streak in 25 years raises bear market fears
The Nifty’s record losing streak has deepened as foreign investor outflows, elevated US bond yields, and geopolitical tensions weigh on sentiment. Analysts say markets remain sensitive to developments in the US-Iran conflict and crude prices, despite resilient domestic growth. Technicals point to a weak near-term outlook, with support at 22,500–22,550 and resistance at 22,800–22,900. Investors are...
Key Takeaways
- The Nifty’s record losing streak has deepened as foreign investor outflows, elevated US bond yields, and geopolitical tensions weigh on sentiment.
- Analysts say markets remain sensitive to developments in the US-Iran conflict and crude prices, despite resilient domestic growth.
- Technicals point to a weak near-term outlook, with support at 22,500–22,550 and resistance at 22,800–22,900.
The Nifty’s record losing streak has deepened as foreign investor outflows, elevated US bond yields, and geopolitical tensions weigh on sentiment. Analysts say markets remain sensitive to developments in the US-Iran conflict and crude prices, despite resilient domestic growth. Technicals point to a weak near-term outlook, with support at 22,500–22,550 and resistance at 22,800–22,900. Investors are watching whether they are selling eases.
Original Publisher Attribution
This summary was curated from Economic Times.