Indian shares on course for longest weekly slump in 25 years

Kotak Mahindra Bank

01/10/2026 07:59

** India's Nifty 50 .NSEI and BSE Sensex .BSESN on course for eighth straight weekly loss, their longest slump in 25 years
** Nifty 50 down 0.5% and BSE Sensex down 0.4% on the day, on course to log losses in all four trading sessions this week
     ** Nifty down 2.7% for the week, while Sensex down 2.3% as Middle East tensions and resultant foreign outflows weigh
** Indian stock markets will be closed on Friday for a national holiday
** Eleven of 16 major sectors trade lower on the day; broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 down 0.6% and 0.3%, respectively
** Auto stocks .NIFTYAUTO slide 2.6% to four-month low as investors assess September sales and weak monsoon
** IT stocks .NIFTYIT jump 1.2% as moderate rise in US inflation eases Fed rate-hike bets
** Kotak Mahindra Bank KTKM.NS up 1.7% after CEO appointment, lifts private banks index .NIFPVTBNK up 0.8%

 (Reporting by Vivek Kumar M)
 ((VivekKumar.M@thomsonreuters.com;))