Evening Walk Down D-Street on Feb 19, '19 | Chat with Ashish Chaturmohta of Sanctum Wealth Mgmt

Episode 909  ·  Feb 19, 2019, 12:31 PM
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The Nifty50 logged its biggest losing streak since 2015 on February 19 as it dropped for the eight consecutive days in a row, but managed to close a shade above 10,600.

For Sensex, it was the biggest losing streak since July 2013 when the index fell from July 24 t0 August 2, wiping out nearly 1,000 points.

The last time when Nifty50 fell consecutive for eight straight days was back in March 2015 when the index was trading around 8,600. The index fell from March 18 2015 to March 27 2015, translating in a fall of 344 points.

The only comforting factor was that some buying was seen in the broader market indices. The BSE Midcap and BSE-Smallcap outperformed the benchmark and ended higher by 0.5 percent and 0.3 percent, respectively.