New Delhi, Sept. 15 -- The Nifty ended another difficult week on a weak note, falling 499.60 points, or 2.09%, and extending its decline to five consecutive weeks.

The current run now equals the index's longest weekly losing streak of CY2026. The Nifty had earlier registered a similar five week decline between February and March.

Although the index recovered from lower levels in each of the last two sessions, the price structure remained weak. The rebounds were not strong enough to produce a higher low or take the index above the previous session's high.

Friday's recovery came after the Nifty tested the lower boundary of a declining channel. This has brought the session low of 23,231 into focus as an important near term support.

The o...