India's Nifty 50 set to snap longest weekly winning streak in 14 years
** India's blue-chip Nifty 50 Index.NSEI down about 1%, set to snap eight-week winning streak, its longestin 14 years
** Nifty dragged by auto stocks after posting disappointing monthly sales numbers
** Day's losses push benchmark into the redfor the week, despite posting marginal gains for first four days
** The 50-stock index also eases off "overbought" territory after five sessions
** Today's declinecomes after eight straight weeks of gains where Nifty rose ~10%
** Mahindra and Mahindra MAHM.NS and Eicher Motors EICH.NS, down 4.7% and 6%, respectively, for the week are the biggest losers on benchmark
** Infosys INFY.NS and TCS TCS.NS down 3% and 2.3% each for the week are other heavyweights dragging Nifty 50 lower
** Still, Nifty up 14% so far in 2024
India's Nifty 50 set to snap longest weekly winning streak in 14 years https://reut.rs/3yki2az
India's Nifty 50 eases off overbought territory after five sessions https://reut.rs/3ynTiy0
Reporting by Nishit Navin
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