Diwali 2026: Sensex plunged 10,000 points, Nifty dropped 12% since last Diwali. Will Samvat 2083 bring some relief?

What happened: Dalal Street enters Samvat 2083 after a turbulent year in which the Sensex fell over 10,750 points and the Nifty shed nearly 12% since last Diwali. Key numbers: Sensex down over 10,750 points; Nifty down nearly 12% since last Diwali. Why it matters: The Iran-US conflict, elevated crude oil prices, persistent FII outflows and an AI-led IT selloff weighed on sentiment, with the market looking to easing headwinds for a revival.

Dalal Street enters Samvat 2083 after a turbulent year in which the Sensex fell over 10,750 points and the Nifty shed nearly 12% since last Diwali.

The Iran-US conflict, elevated crude oil prices, persistent FII outflows and an AI-led IT selloff weighed on sentiment, with the market looking to easing headwinds for a revival.