Stock market crash: Nifty logs longest monthly losing streak in 29 years; What should be your trading strategy?
3 weeks, 2 days ago

Stock market crash: Nifty logs longest monthly losing streak in 29 years; What should be your trading strategy?

Live Mint  

Stock market crash: India's domestic equity benchmarks, Sensex and Nifty 50, logged their worst day in around five months on Friday, February 28, with the NSE benchmark posting its longest monthly losing streak in the last 29 years, dragged by foreign capital outflows amid US tariff fears. Stock market crash: Sensex, Nifty down 15-16% from peak The BSE benchmark, which hit a record peak of 85,978.25 on September 27 last year, has given up 12,780.15 points, or 14.86 per cent from the peak. The broader and more domestically focussed mid-cap index confirmed a bear market, falling more than 20 per cent from its September 24 record close, pressured by poor earnings, lofty valuations, looming US tariff concerns and persistent foreign outflows. On the day, the IT index slumped 4.2%, leading losses on the benchmark index, after weak U.S. labour market data added to worries of a potential slowdown in the world's largest economy may be slowing.

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