New Delhi, Feb. 24 -- Nifty 50, the key index of the Indian stock market, looks set to extend its losing streak to the fifth consecutive month. The index is down 3 per cent in February so far. It has plunged 13 peer cent from its peak of 26,277.35, which it hit on September 27 last year.

Heavy foreign capital outflow, concerns over a widespread trade war between the US and its trade allies, uncertainty over the US Fed interest rate cut amid sticky inflation, stretched valuation of the Indian stock market and weak quarterly earnings of Indian companies have contributed to this market downtrend.

Experts expect the market to remain volatile in the short term due to persisting headwinds. However, amid the current market selloff, several sto...