Nifty snaps 14-day streak on weak global cues

The Nifty index ended its 14-day winning streak, driven by weak global cues and investor caution. The decline in the index reflects concerns over global economic uncertainties, including interest rate hikes and geopolitical tensions. Despite the recent rally, the market faced selling pressure as investors booked profits amid fears of a potential slowdown in global growth. The Nifty's performance is indicative of the broader market sentiment, where domestic factors are increasingly influenced by global events. This market movement underscores the interconnectedness of global economies and the impact of international developments on Indian financial markets.