New Delhi, Feb. 17 -- Driven by persistent foreign institutional investor (FII) outflows and growing concerns over potential retaliatory tariffs from the US, the Indian stock market ended lower for the eighth consecutive session, marking its longest losing streak in two years. The Nifty 50 index ended 102 points lower at the 22,929 mark; the BSE Sensex finished 199 points down at 75,939, whereas the Bank Nifty index corrected 260 points and closed at 49,099.
The Nifty index fell by 2.68% for the week, recording its lowest close since May 31, 2024. The broader market suffered even more, with the Nifty Midcap 100 plunging 7.38% and the Nifty Smallcap 100 experiencing a substantial 9.41% drop. From its all-time high, the Nifty Smallcap 100 ...
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