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News Topical, Digital Desk : India's benchmark indices Nifty 50 and Sensex fell for the sixth consecutive week, marking their longest losing streak since the Covid-19 crash of April 2020. Both indices have fallen nearly 5 per cent since the end of June, due to US tariff hikes, weak quarterly results and persistent selling by foreign investors, which triggered a massive selloff in the market. On Friday, the Nifty 50 closed 0.95 per cent lower at 24,363.30, while the Sensex closed 0.95 per cent lower at 79,857.79.
On weekly basis, Nifty was down 0.8 percent and Sensex was down 0.9 percent. This continuous decline reflects the selling pressure across sectors, where there are no signs of respite amid deteriorating global trade relations and sluggish domestic performance. FIIs made net purchases on Friday Foreign investors (FIIs) made net purchases in the Indian stock market on Friday. During this period, FIIs made net purchases of Rs 1,932.81 crore in the stock market while DIIs made net purchases of Rs 7,723.66 crore. According to NSE data, FIIs bought shares worth Rs 17,682.11 crore on Friday while sold shares worth Rs 15,749.30 crore, taking the net purchase to Rs 1,932.81 crore. While DIIs bought shares worth Rs 16,682.09 crore and sold shares worth Rs 8,958.43 crore during this period, net purchases stood at Rs 7,723.66 crore.
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