Sensex, Nifty log longest weekly losing streak in 15 months

Indian shares have recorded their longest losing streak since May 2022, with both the Nifty 50 and Sensex recording a decline for a fourth consecutive week due to concerns about US interest rates and China's struggling economy. IT firms were the hardest hit, with Tata Consultancy Services, Infosys, Wipro losing between 1% and 2%.

Aug 18, 2023 - 16:30
Sensex, Nifty log longest weekly losing streak in 15 months
Indian shares have recorded their longest losing streak since May 2022, with both the Nifty 50 and Sensex recording a decline for a fourth consecutive week due to concerns about US interest rates and China's struggling economy. IT firms were the hardest hit, with Tata Consultancy Services, Infosys, Wipro losing between 1% and 2%.