Stock market outlook, Oct. 30 -- The year 2026 has remained proved to be a challenging year for the Indian stock market, marked by heightened volatility, intermittent recoveries and a significant correction in benchmark indices.

The Sensex and Nifty 50 have fallen around 12-13% so far in 2026, remaining under sustained pressure due to a mix of domestic and global factors. These include rising geopolitical tensions, elevated crude oil prices, increasing global bond yields, a strengthening US dollar and continued foreign institutional investor (FII) outflows.

According to Axis Direct, the market correction has improved the risk-reward in stocks, particularly where share prices have adjusted more sharply than the underlying business outloo...