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

Detailed summary

Indian equities entered Samvat 2083 on a strong note, with the Nifty 50 above 25,000 and Sensex above 81,000 after their biggest weekly gains since 2021. Foreign buying, lower crude prices and solid earnings supported the rally, though overbought conditions may prompt consolidation.

Indian equity markets are entering Samvat 2083 on a strong footing after an extraordinary week on Dalal Street, with the Nifty 50 reclaiming the psychologically important 25,000 mark and the Sensex crossing 81,000.

Both benchmark indices recorded their biggest weekly gains since February 2021, rising 8.6% and 8.8%, respectively, as a sharp correction in crude oil prices, aggressive foreign fund buying and better-than-expected corporate earnings triggered a broad-based improvement in investor sentiment.

The rally was particularly significant as Indian equities managed to outperform global markets despite a sharp selloff in technology stocks and AI-linked shares. Foreign institutional investors (FIIs), who had remained net sellers for much of 2026, returned aggressively to domestic equities.

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