Business & FinanceTop StoryTop StoryLatest News
Weakest Samvat in 15 Years Ends on a High for Markets as Sensex, Nifty Rally
Sentiment: NeutralHigh Priority
What Happened?
Samvat 2082 concluded positively, with Sensex and Nifty 50 gaining 8.6-8.8% weekly, despite being down 3.1% and 4% for the year. This marked their worst performance since 2011.
Key points
- Samvat 2082 saw the Sensex and Nifty 50 down 3.1% and 4%, marking their worst performance since 2011.
- Dhiraj Relli of HDFC Securities noted $31.3 billion in foreign selling from Indian equities in 2026.
- The Nifty Midcap 100 rose 2.1%, while the Nifty Smallcap 100 increased by 4.2%.
- The Nifty Pharma, Metal, and Capital Markets indices gained 22-25%, while IT and FMCG indices fell 7-17%.
- Pankaj Pandey from ICICI Securities highlighted robust earnings for Nifty 50 companies in Q2FY27.
Key insights
- Renewed foreign inflows may stabilize Indian markets amid geopolitical tensions.
- Corporate earnings resilience could attract more investors in the upcoming Samvat.
- A resolution to geopolitical conflicts might further boost market confidence.
Why it matters
The market's late recovery could influence investor sentiment and future capital flows.
Tags
Entities
Samvat 2082· EventSensex· IndexNifty 50· IndexHDFC Securities· CompanyICICI Securities· Company
Source
Business Standard
