Friday heavy lifting saves Nifty from record nine weeks of losses. Can bulls take charge now?
- Posted on October 9, 2026
- By Business News Today
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- 1 min read
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Friday heavy lifting saves Nifty from record nine weeks of losses. Can bulls take charge now?
Nifty broke its eight-week losing streak, rising nearly 1.3% on Friday to close above 22,500 as IT, FMCG and auto stocks led a relief rally. However, persistent FII selling, elevated US bond yields, crude oil prices and the RBIs shift to calibrated tightening continue to cloud the market outlook.
