Indian share benchmarks

Indian share benchmarks are on track for their longest streak of weekly losses in 25 years, according to Reuters. The prolonged slide in the country's main equity indices marks one of the worst sustained downturns for Indian markets in a quarter century. Investors and analysts are closely watching how long the sell-off will continue.

India's benchmark stock indexes have fallen for consecutive weeks, marking the longest weekly losing streak in 25 years, according to Reuters. The slide points to sustained pressure on Indian equities, with investors weighing the factors behind the prolonged downturn. Market watchers are watching closely for signs of where Indian shares head next.

Indian benchmark shares recorded their worst monthly performance since March, weighed down by rising oil prices and expectations of continued interest rate hikes by global central banks. The pressure triggered foreign investor outflows from Indian equities, with investors turning cautious on emerging markets as global borrowing costs climb and energy costs add to inflation concerns.