Nifty faces eighth straight week of losses amid FII selling, weak rupee

The Nifty index extended its losing streak to eight consecutive weeks amid persistent market headwinds. Analysts attribute the decline to a combination of foreign institutional investor selling and elevated bond yields, which have dampened overall market sentiment.

The Indian rupee has also weakened alongside equities, adding to investor concerns. Market watchers say the 200-Week EMA will be a key technical level to monitor for signs of potential recovery or further downside pressure.