D-Street Posts Its Longest Weekly Slump in 25 Years as Yields, Oil and Outflows Bite
Indian equities are under sustained pressure as a sharp rise in US bond yields, persistent foreign selling and firmer crude prices combine to weaken risk appetite. The Sensex and Nifty have extended their declines into a historic weekly slump, eclipsing the severity of the Covid-era downturn in duration and underscoring the market’s sensitivity to global macro shocks.
