By Percy S. Mistry
The author is a Reuters Breakingviews guest columnist. The opinions expressed are his own.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The Nifty continued its losing streak, falling 1.03 percent during the week to end at 8,570. The present market behaviour is in stark contrast to what we had witnessed in the last 12 months. Intraday rallies are being sold into and positive news flow is unable to sustain the markets at higher levels.