Indian stock markets head into Samvat 2083 after heavy losses

Dalal Street enters Samvat 2083 following a difficult year that caused the Sensex to drop by more than 10,750 points. At the same time, the Nifty lost nearly 12 percent of its value since the previous Diwali celebration.

Market Pressures

Investor sentiment took a hit due to multiple heavy factors over the past year. The Iran-US conflict, high crude oil prices, continuous selling by foreign institutional investors, and a drop in IT stocks driven by artificial intelligence all weighed down the market.

Context

Major Indian stock indexes like the Sensex and Nifty reflect the overall health and daily trading value of the country's top listed companies. Global political tensions and foreign investor money shifts often cause large ups and downs in these markets.