The Friday test: Will Nifty extend its historic losing streak to nine weeks?

What happened: The Nifty faces Friday's close with a possible ninth straight weekly fall after eight weeks of losses driven by foreign selling, higher crude prices, a weak rupee and rising global yields. Key numbers: Nifty and Sensex lost 8.7% and 8.4% over eight weeks. Nifty fell 3.1% last week. Crude near $100 a barrel. RBI raised the repo rate 25 basis points to 5.5%. Why it matters: Analysts say the technical setup favours bears, with the RBI hike shifting the near-term reading. Some see buying at lower levels, but a reversal depends on FIIs turning buyers. Coverage: 4 outlets in 24h

Nifty faces potential ninth straight weekly loss, signaling historic bearish momentum.

Nifty faces potential ninth straight weekly loss, signaling historic bearish momentum. — impact context not separately stored; see What changed.