Worst Samvat in 15 years! Sensex, Nifty crash up to 8%: Can investors expect a bull run in Samvat 2083? What experts say
Samvat 2083 Outlook, Nov. 5 -- Indian stock market investors are heading into Samvat 2083 after one of their most disappointing years in over a decade, with the Sensex and Nifty 50 poised to record their worst Samvat performance in 15 years. Persistent foreign investor selling, elevated crude oil prices, rising US bond yields and the prolonged geopolitical conflict in West Asia have battered domestic equities, dragging benchmark indices down nearly 8%.
According to exchange data as of November 4, the Sensex had declined 7.9%, while the Nifty 50 had fallen 6.8% during Samvat 2082. The new Samvat will begin on November 8, coinciding with Diwali, with investors hoping for a turnaround after a prolonged period of volatility.
However, the ro...
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