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et_marketsabout 3 hours ago
BEARISH(95%)
hold
Published on the original source: 31 Mar 2026, 1:42 PM IST

From 100,000 hype to 2-year low: Sensex delivered zero returns in last two years

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AI Analysis

The prolonged underperformance of the Sensex highlights a period of reduced risk appetite among investors, particularly FIIs, impacting overall market liquidity and valuations. The focus shifts to selective opportunities in FY27, suggesting a more discerning approach to stock selection.

Trading Insight

Given the bearish sentiment and FII outflows, traders should consider short-term bearish strategies on index futures or focus on long positions in defensive sectors with strong earnings visibility.
Quick check: SENSEX neutral, NIFTY neutral.

Key Evidence

  • Sensex delivered zero returns in the last two years.
  • Market slipped from 100,000 hype to a two-year low.
  • Weak earnings, heavy FII outflows, global tensions, and delayed Fed cuts were contributing factors.
  • FY27 is anticipated to offer selective opportunities amidst caution.
  • Risk flag: Continued FII outflows could further depress market sentiment.

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