Sensex gains 9% since last Diwali, PSB stocks jump 53%

Investors on Dalal Street gained about Rs 46 lakh crore during Samvat year 2079, with net buying of Indian stocks by foreign and domestic investors worth over Rs 3.2 lakh crore. The Sensex and Nifty indices showed gains of about 9.5%, compared to a negative close in the previous year. PSU bank stocks performed well, with the PSU banking index giving a return of over 53%. However, the year also saw a selloff in Adani stocks, wiping off Rs 13 lakh crore market cap.

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