GENERAL25 Sept 2026
Nifty logs longest weekly losing streak since Covid-19 crash in 2020
The Nifty closed Friday at 23,140.50, down 205.90 points from a week earlier. That's its longest weekly losing streak since the 2020 Covid crash. Brent crude fell 11% for the week, and a hardening 10-year bond yield hurt insurance stocks. PB Fintech dropped 33% on fears over reforms at IRDAI, the insurance regulator. If you hold these stocks, stay calm and review your plan.
Key Statutory Highlights
- The Nifty closed on Friday at 23,140.50, down 205.90 points from 23,346.40 a week earlier.
- This was the Nifty's longest weekly losing streak since the 2020 Covid-19 crash.
- PB Fintech fell 33% on IRDAI reform fears, while Brent crude's 11% weekly plunge and a hardening 10-year bond yield weighed on insurance stocks.
Actionable Advice for Taxpayers / Founders:If you hold insurance or fintech shares, avoid panic selling on one week's fall. Review your holdings with your adviser to check they still match your goals and time frame, since market moves like these are not a guarantee of future returns.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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