New Delhi, Oct. 20 -- The Indian stock market remained in a consolidation phase over the past twelve months, with the benchmark indices Sensex and Nifty 50 delivering muted returns. However, the festive season of Diwali 2025 appears to have infused fresh momentum, and the outlook for the new Vikram Samvat 2082 is turning increasingly bullish.

India's macroeconomic backdrop remains robust. Global agencies such as S&P have recently upgraded India's credit rating, while the International Monetary Fund (IMF) has revised its growth forecast upward. At the same time, India's retail inflation has eased to multi-year lows.

On the domestic front, the troika of Reserve Bank of India's repo rate cut, GST rationalization, and personal income tax re...