New Delhi, Sept. 18 -- Despite a stellar performance by the Indian economy in April to June 2026 and expectations of a better-than-previous quarterly earnings season, the key benchmark indices of the Indian stock market have delivered zero returns in the current year 2026 (CY2026). The Nifty 50 index has crashed by around 10.80% YTD; the BSE Sensex has nosedived by over 12.50%, while the Bank Nifty index has shed close to 6% YTD.

According to stock market experts, the Indian stock market is in the oversold zone, and further downside in the key benchmark indices is limited. They said that key indices are down by a sizeable margin YTD because index heavyweights such as HDFC Bank, Reliance Industries Ltd (RIL), TCS, Wipro, and Infosys have ...