Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Economic Times 1 hr ago·1 Oct 2026, 4:47 am
Indian equity benchmarks are in a prolonged downturn, with the Sensex and Nifty falling for a fourth consecutive session. This weakness has pushed the market toward its eighth straight weekly loss, marking the longest losing streak since 2001. The current decline has even surpassed the seven-week slump seen during the initial COVID-19 crash, signaling a period of significant volatility.
The primary driver behind this extended weakness is a shift in investor sentiment, largely due to intense selling by Foreign Institutional Investors (FIIs). This outflow is being fueled by rising US bond yields, which are making Indian assets less attractive compared to US fixed-income securities. For retail investors, this trend highlights the sensitivity of the Indian market to global interest rate movements.
Looking ahead, the market's direction will depend heavily on the strength of the US dollar and the pace of FII selling. Investors should keep a close watch on upcoming economic data from the US and India, as well as any policy signals from the central banks. Until these external pressures ease, the market is likely to remain in a consolidation phase.
Key takeaways
- Category: Stocks.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development 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.
