Weakest Samvat in 15 years ends on a high for markets
· rediff.com
Indian equity markets, represented by the Sensex and Nifty 50, concluded Samvat 2082 with significant weekly gains, marking their strongest performance in nearly six years, despite it being their weakest Samvat in 15 years overall. The late recovery was driven by hopes of tax changes, resilient corporate earnings, and easing geopolitical tensions.
Despite a challenging year marked by geopolitical tensions and foreign selling, Indian equity markets, including the Sensex and Nifty 50, staged a remarkable la...