Indian equity indices extended their longest losing streak in FY26 for a sixth consecutive session, driven by new US tariffs on drugs and trucks, increased H-1B visa fees, and Accenture’s cautious outlook. This battered investor sentiment, leading to broad-based selling across sectors and a surging fear gauge. The rupee also traded near its record low.
10 smallcap stocks surge up to 65% in 3 months despite market weakness
Over the past three months, the Nifty 50 has declined nearly 4%, while the Nifty Smallcap 350 index has shed around 2.5%, reflecting weakness across
October 17, 2026