Indian Shares Post Longest Weekly Losing Run in 25 Years

Indian benchmark shares recorded their eighth straight weekly loss as record foreign selling and rising crude prices weighed heavily on the market. The Nifty 50 and BSE Sensex dropped significantly during the holiday truncated week.

Xurve View
Insights:
People walk outside the National Stock Exchange (NSE) in Mumbai, India, October 22, 2024. REUTERS/Francis Mascarenhas

Benchmark shares in India posted their eighth straight weekly loss, dropping 3.1% for the Nifty 50 and 2.7% for the BSE Sensex during an abbreviated holiday week.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.