New Delhi, Feb. 16 -- The Indian stock market resumed its corrective phase after snapping two weeks of recovery to extend its losing streak for eight straight sessions for the first time in two years. The sentiment remained negative from the very beginning, with a sell-on-rally sentiment amid several external triggers.

Next, investors will monitor some key market triggers in the third week of February. Donald Trump's tariff announcements, Rupee-dollar rate, foreign fund outflow, domestic and global macroeconomic data, and global market cues will dictate the market direction in the next five days.

Domestic equity benchmarks Sensex and Nifty 50 slipped below their key psychological levels of 76,000 and 23,000, dragged by persistent foreig...