From mint · Dipti Sharma · · 1m 10s
Nifty, Sensex Log Worst Samvat Returns in 15 Years
Indian markets hit 15-year low as Nifty and Sensex drop 7-8% in Samvat 2082.
In brief
Indian markets hit 15-year low as Nifty and Sensex drop 7-8% in Samvat 2082. Indian equities saw their worst Samvat-year performance since 2067 as Nifty and Sensex fell 7-8% in Samvat 2082. Originally reported by mint.
Market Crash in Samvat 2082
The BSE Sensex slumped 8% and the Nifty 50 shed 7% in Samvat 2082.
Worst Samvat-Year Performance
Indian equities recorded their worst Samvat-year returns since Samvat 2067.
Expert Analysis
Ankur Punj of Equirus Wealth said strong economies don't always mean strong equity returns.
Market Weakness Causes
Global capital shifted to AI sectors, geopolitical uncertainty and high crude oil prices drove selling.
Earnings Outlook
Saurabh Mukherjea predicts 10-11% annual EPS growth over the next decade for Indian markets.
Valuation Shifts
Nifty's P/E ratio of 18 could drop to long-term average of 15.
Market Winners and Losers
Nifty Metal and Pharma indices led the rally while FMCG and IT indices declined.
2083 Market Outlook
Samvat 2083 could see earnings-led recovery with strong largecap stocks.
The main idea
Indian equities saw their worst Samvat-year performance since 2067 as Nifty and Sensex fell 7-8% in Samvat 2082.
