Economy
Sensex and Nifty decline as Indian stock market extends losing streak

Sensex and Nifty decline as Indian stock market extends losing streak

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THE BRIEF
1

The Indian equity market recorded its sixth consecutive weekly loss, marking the longest weekly losing streak since 2020 amid persistent foreign institutional investor selling.

2

During the holiday-shortened week, the Sensex fell 0.65% to close at 74,294.96, while the Nifty declined 0.22% to settle at 23,346.40.

3

Analyst Mehul Kothari of Anand Rathi recommended three stock picks under ₹200, setting target levels for Castrol India, NHPC, and Vikram Solar.