Sensex and Nifty open Samvat 2083 lower after record seven-day rally

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Indian benchmark indices Sensex and Nifty50 started the new Samvat 2083 year in negative territory during the Muhurat trading session. The session followed a record seven-day winning streak in which both indices gained more than 10 percent. Over those seven sessions, the Sensex climbed by 7,781.99 points, or 10.62 percent, while the Nifty rose 2,331.5 points, or 10.27 percent. The article examines the market outlook for the period leading up to next Diwali.

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