Indian stock markets record their sharpest weekly decline in four months
The Nifty 50 fell 2.5 percent this week as foreign investors withdrew 3.5 billion dollars. Broad losses hit all sectors ahead of the February 1 federal budget.
Insights:
Equity markets in India
INdeclined sharply on Friday as major indexes recorded their largest weekly drop in four months. The Nifty 50 fell 0.95% on Friday to close at 25,048.65, resulting in a 2.5% weekly decline. Similarly, the BSE Sensex lost 0.94% on Friday to end at 81,537.70, marking a 2.4% fall over the week. These declines come amid sustained foreign portfolio investor outflows, which have reached $3.5 billion in January alone and are tracking toward the steepest monthly exodus since August.






