Sensex and Nifty Fall for an Eighth Week: Who Got Hit, and Who Held Up?
Indian equities fell for an eighth straight week in the week ended October 3, 2026. Kotak Neo describes it as the longest weekly losing run for the benchmarks in 25 years. This is a short follow-up to our earlier explainer on the streak, with the latest numbers.
The headline numbers
In the holiday-shortened week, the Sensex fell 1,986.04 points to end at 71,909.70, and the Nifty 50 fell 718.55 points to 22,421.95 (a 3.10% drop). Mid-day and Kotak Neo report the same figures; the Sensex percentage is given as 2.69% by Mid-day and 2.68% by Kotak Neo, a rounding difference.
Smaller companies and most sectors fell too
According to Kotak Neo, the Nifty Midcap 100 lost 3.5% and the Nifty Smallcap 100 lost 3.3%, both for a fourth week in a row. Among sectors, Nifty Consumer Durables fell 6% and Nifty Auto 5.8%. Metal, FMCG and PSU Bank indices each lost more than 4%. Nifty IT was the only sector index to gain, up 0.5%.
Why the selling continued
Mid-day and Kotak Neo list the same pressures: elevated crude oil prices, sustained foreign institutional investor (FII) outflows, higher global bond yields, geopolitical uncertainty and a weaker rupee. The New Indian Express adds that higher oil raises worries about India's import bill, inflation and company profits, and that the Nifty lost roughly 6% in September alone.
Foreign sellers versus domestic buyers
Foreign institutions sold equities worth Rs 34,966.07 crore during the week. Domestic institutions bought Rs 33,455.30 crore, which cushioned the fall but did not stop it. If you want the difference between the two groups explained, see our piece on FPI vs DII.
The rupee
The rupee closed at Rs 96.32 per dollar on October 1, against Rs 95.82 on September 25, and moved closer to its record low of Rs 96.96, according to Kotak Neo. Rupee weakness is both a result of foreign selling and a reason for more of it, because a falling currency lowers dollar returns for foreign investors.
What this does and does not tell you
A long losing streak says that selling pressure has been steady. It does not say when it will end. Past streaks are not a reliable guide to the next week. This article is information, not investment advice.
Sources
- Mid-day, "Market weekly wrap-up: Sensex, Nifty decline for 8th straight week", October 3, 2026: https://www.mid-day.com/business/stock-market/article/market-weekly-wrap-up-sensex-nifty-decline-for-8th-straight-week-amid-global-uncertainties-23653182
- Kotak Neo, "Indian Stocks Post Longest Weekly Losing Run In 25 Years", October 3, 2026: https://www.kotakneo.com/news/market-news/indian-markets-extend-losing-streak-to-eight-weeks-amid-foreign-outflows/
- The New Indian Express, "Weekly Review: Indian markets under pressure", October 3, 2026: https://www.newindianexpress.com/business/2026/Oct/03/weekly-review-indian-markets-under-pressure-oil-outflows-and-a-weaker-rupee-deepen-the-downturn
Facts checked: October 4, 2026.