Diwali blues: 83 largecap stocks plunge up to 60% since Samvat 2082. Can bluechips light up D-Street in the new year?

Indian equities enter Samvat 2083 after a volatile year and a sharp market correction. While lower valuations have improved the risk-reward profile of several stocks, persistent FII outflows, elevated crude oil prices and global uncertainties remain key concerns. Strong domestic fundamentals and earnings growth could support markets, but returns will increasingly depend on stock selection, valuations and earnings delivery.