India Stocks Notch Fifth Weekly Loss on Oil Fears
Indian equity benchmarks fell for a fifth consecutive week as escalating Middle East conflict pushed crude oil prices higher. The broader sell-off reflected growing concerns over persistent inflation and global interest rate pressures.
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India's equity benchmarks fell for a fifth consecutive week on Friday, with the Nifty 50 dropping 0.34% to 23,398.1. The five-week slide marks the market's longest losing streak in months. Investors are pulling back as surging energy costs threaten global monetary policy.
