Economy
Indian stock markets log worst weekly losing streak in 25 years
The Indian Express1h
THE BRIEF
1
Benchmark indices Sensex and Nifty fell about 1 percent on Thursday, ending in the red for eight straight weeks in their longest losing streak in 25 years.
2
Foreign institutional investors dumped shares worth around 1.1 billion dollars on Wednesday, bringing cumulative monthly sales to roughly 3.8 billion dollars.
3
Markets remain shut on Friday for Gandhi Jayanti, while the Reserve Bank of India's Monetary Policy Committee meets next week amid rate hike expectations.