Historic 10-day losing streak for Indian stocks

 

Indian equities nearing a grim milestone with the benchmark index set for a 10th consecutive day of decline

NSE Nifty 50 Index dropped by 0.7% on Tuesday, reaching its lowest point in nine months

This decline extends a 16% drop from the September peak

Overseas investors, particularly global funds, have been leading the selloff.

Nearly $14 billion has been pulled out this year due to concerns over slowing economic growth and high valuations