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Nifty's Longest Losing Streak in 25 Years: Settles Under 200-WMA Amid Market Turmoil
M
Moneycontrol•01-10-2026, 16:45
Nifty's Longest Losing Streak in 25 Years: Settles Under 200-WMA Amid Market Turmoil
- •The Nifty 50 has settled under its 200-week moving average for the first time since the COVID-19 crash, marking its longest losing streak in 25 years with eight consecutive weeks of losses.
- •The index closed under 22,500, influenced by rising US 10-year bond yields and strong crude oil prices, which contributed to weak sentiment.
- •This week, the Nifty tanked three percent, with consumer and auto indices losing the most, down 6.15 percent and 5.85 percent respectively.
- •Over the last month, the Nifty has fallen nearly seven percent, losing over 14 percent so far in 2026, due to sharp foreign fund outflows and accelerating US bond yields amid the Middle East conflict.
- •Foreign investors have sold Rs 3.15 lakh crore this year, primarily impacting financial services and IT services stocks; a sustainable recovery requires Nifty to reclaim 22,600.
Key Questions Answered
The Nifty 50 index settled under its 200-week moving average for the first time since the COVID-19-related crash, marking its longest losing streak in 25 years with eight straight weeks of losses and closing under 22,500 on Thursday, October 1, 2026.
Almost all major sectoral indices saw profit-booking, with the consumer and auto indices losing the most at 6.15 percent and 5.85 percent, respectively.
The market downturn was driven by rising US 10-year bond yields, strong crude oil prices from the Middle East conflict, sharp foreign fund outflows totaling Rs 3.15 lakh crore for the year, and a declining rupee against the dollar.
