New Delhi, Sept. 25 -- Amid continued pressure from tech stocks, Indian equities extended their losing streak for the fifth consecutive session on Thursday, with key frontline indices slipping below critical levels, marking their longest bearish run in the past six months.
The Nifty 50 breached the psychological 25,000 mark for the first time since September 12, settling at 24,809, and the index has lost 614 points in the last five sessions-more than half of the gains recorded following the GST reforms announced on September 3.
The recent sell-off has set the index on track to snap a three-week losing streak, and analysts see little chance of a near-term recovery amid the absence of fresh triggers and continued selling by overseas inves...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.