Diwali 2026: Stock market enters Samvat 2083 with Nifty 50 above 25,000: Key support, resistance levels. Targets to know

What happened: Indian equities enter Samvat 2083 with the Nifty 50 back above 25,000 and the Sensex above 81,000 after both indices posted their biggest weekly gains since February 2021. Key numbers: Nifty rose 8.6% and Sensex 8.8% for the week. Why it matters: Analysts attribute the rally to falling crude prices, foreign fund buying and better-than-expected earnings. Technical indicators are overbought, so some profit booking is possible, though experts view any correction as healthy consolidation.

Indian equities enter Samvat 2083 with the Nifty 50 back above 25,000 and the Sensex above 81,000 after both indices posted their biggest weekly gains since February 2021.

Analysts attribute the rally to falling crude prices, foreign fund buying and better-than-expected earnings. Technical indicators are overbought, so some profit booking is possible, though experts view any correction as healthy consolidation.