Nifty extends slide to eighth straight week, longest in 25 years; TMPV, Maruti, M&M, Jio Financial among top drags
Business Today 1 hr ago·1 Oct 2026, 11:04 am
Nifty index has fallen for eight consecutive weeks, the longest losing streak in a quarter‑century. The decline was driven by weaker earnings outlooks and concerns over slowing demand, pushing the benchmark down further.
Among the laggards, TMPV posted one of the sharper drops. The stock’s slide reflects broader pressure on the automotive sector, where lower consumer spending and higher input costs have dented margins. For investors holding TMPV, the move signals that the company’s near‑term earnings may be under strain.
Going forward, traders will watch the upcoming quarterly results of major auto players and any policy signals on fuel prices or credit. A rebound in domestic vehicle sales or a clearer growth outlook could stabilize TMPV, while continued weakness may keep it in the index’s drag list.
Excerpt from Business Today
Among Nifty constituents, Tata Motors Passenger Vehicles Ltd (TMPV) was the worst performer over the eight-week period, falling 19.48 per cent. It was followed by Maruti Suzuki India, down 18.89 per cent; Mahindra & Mahindra (M&M), down 18.33 per cent; Jio Financial Services, down 17.25 per cent; and Tata Consultancy…Read the original at Business Today
Affected stocks
Bearish2 stocks
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Tata Motors Pass VEH (TMPV).
- Category: Stocks.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
- Also mentions M&M.
Why it matters
This is a high-impact development for Tata Motors Pass VEH and could move the stock. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
