New Delhi, Oct. 2 -- Indian equity benchmarks extended their losing streak for an eighth consecutive week, marking the Nifty 50's longest weekly decline since 2001. Rising US 10-year Treasury yields, uncertainty over the US-Iran conflict and heightened volatility in Brent crude prices continued to weigh on investor sentiment.

Foreign institutional investors (FIIs) added to the pressure, selling equities worth Rs.44,012.82 crore during the week, their highest weekly selling since June 2026. The Nifty 50 fell 3.1% during the holiday-shortened week, while the BSE Sensex declined 2.7%, taking its eight-week losses to 8.7% and 8.4%, respectively.

The Indian stock market will remain closed on Friday, 2 October, for Gandhi Jayanti, with tradin...