Nifty logs longest losing streak in 2 years: SBI Securities' Sudeep Shah on what traders should do now

2 days ago 2

The Economic Times

Synopsis

Indian equity markets faced their fifth consecutive week of losses due to global trade concerns and disappointing corporate earnings, with the Nifty 50 and Sensex declining. Broader indices, particularly small and mid-caps, experienced significant drops. Technical analysis suggests continued bearish pressure, with key support levels being closely watched as traders navigate the ongoing volatility, while the FMCG sector shows relative strength.

Indian equity benchmarks extended their losing streak to a fifth consecutive week—marking the longest run of weekly losses since August 2023—as renewed global trade concerns and tepid corporate earnings weighed on sentiment. The Nifty 50 slipped 0.82% to 24,565.35 and the BSE Sensex ended 0.72% lower at 80,599.91 on Friday.All key sectors, barring a few, ended in the red, with broader indices like the Nifty Smallcap and Midcap witnessing sharp

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ETMarkets.com

7 mins read, Last Updated:

Aug 03, 2025, 05:19:00 PM IST

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