Indian markets continued to struggle as the Nifty 50 and Sensex faced their sixth consecutive day of losses, reaching near five-month lows. Despite a positive start, both indices were hit by selling pressure, with the Nifty dropping below 23,500 before a slight recovery. The market's decline is fueled by persistent selling from Foreign Institutional Investors (FIIs), who have sold Indian equities worth Rs 27,683 crore this month. Additionally, a weaker Q2 earnings season has raised concerns about India's growth slowdown.