8 hrs ago
Nifty Falls 11% Between Navratri 2025 and 2026
The Nifty 50 is a group of 50 large Indian companies.
From Navratri in 2025 to Navratri in 2026, the group’s value fell by 11%.
Many companies lost value, although Shriram Finance and some others rose.
Investors from outside India sold a large amount of Indian shares.
Experts say the market may move up and down without making a strong recovery soon.
They are watching oil prices and borrowing costs around the world.
Global tensions and inflation are also making investors cautious.
Company earnings are expected to be healthy, but experts say that may not be enough to lift the market.
The Nifty 50 fell 11% between Navratri 2025 and Navratri 2026, with 31 index stocks declining.
ITC, Tata Motors Passenger Vehicles, Infosys, Jio Financial and TCS each lost more than 30%.
Shriram Finance gained nearly 49%; Titan Company, Adani Ports and Hindalco rose 21% to 27%.
Foreign portfolio investors sold Indian stocks worth ₹3,04,468 crore so far this year, following ₹1,66,286 crore of sales in 2025.
Experts expect near-term rangebound trading while oil prices and bond yields remain high, and cite global tensions and inflation as risks.
- Who
- Indian stock market investors, foreign portfolio investors, and analysts Narendra Solanki and Pankaj Pandey.
- What
- The Nifty 50 fell 11% between Navratri 2025 and Navratri 2026, while individual stocks recorded both steep losses and gains.
- Where
- India’s stock market.
- When
- From Navratri 2025 to Navratri 2026; the article also reports foreign investor selling so far in the current year and during 2025.
- Why
- The article attributes the decline to geopolitical and macroeconomic pressures, including elevated oil prices, a weak rupee, rising global bond yields, and foreign capital outflows.
Reasons for caution
Supportive factors
What could shape market performance
Reasons for caution
Analysts cited geopolitical uncertainty, elevated oil prices, rising bond yields, inflation concerns, foreign selling, and possible weak-monsoon effects as risks that could restrain markets.
Supportive factors
The article says the Indian economy is on a solid footing, domestic institutional investors continue buying, and analysts see earnings growth and valuations in key sectors as favourable.
Near-term outlook
Reasons for caution
Experts expect markets to remain rangebound until oil prices and bond yields ease; global volatility could weigh on growth and sentiment.
Supportive factors
Second-quarter earnings are expected to remain healthy, though the article says this may not by itself overcome macroeconomic concerns.
Key facts
- Nifty 50 performance
- Down 11% from Navratri 2025 to Navratri 2026.
- Declining index stocks
- 31 Nifty constituents were in the red over the period.
- Largest named gain
- Shriram Finance rose nearly 49%.
- Major named losses
- ITC, Tata Motors PV, Infosys, Jio Financial and TCS each fell more than 30%.
- FPI sales so far this year
- ₹3,04,468 crore, as reported in the article.
- FPI sales in 2025
- ₹1,66,286 crore.
- Market outlook
- Experts expect rangebound trading in the near term while oil prices and bond yields remain elevated.
Quotes
Narendra Solanki
Head of Fundamental Research - Investment Services at Anand Rathi Share and Stock Brokers.
“We do not see any major deviations from the expectations for a large part of the corporate earnings. The markets are at this point more worried about global volatile situations and possible worsening/ stalemate in hostilities and inflation concerns, which may potentially harm the already fragile global growth.”
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“Crude oil prices and bond yields are the most important factors that need to be watched from here on. Otherwise, most of the other parameters - whether you look at earnings growth or valuations in key sectors - are favourable for us.”
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