The Economic Times

Investors lose Rs 1.34 lakh cr in FY26 as Sensex slumps 7%, Nifty ends 5% lower; PSU banks shine

Indian markets ended FY26 in the red amid global uncertainty and domestic pressures, with Nifty falling over 5% and Sensex declining 7%. Persistent foreign outflows, weak earnings, high valuations, and a weakening rupee kept sentiment subdued, while escalating tensions involving Iran further worsened the outlook by driving up energy prices and dampening hopes of US rate cuts.