Finance1 min read

Dhanteras special: Gold beats stocks or Nifty takes the lead? Gold vs Nifty 50 returns in Samvat 2082 compared

By · Published by Everything Blog

In short

Precious metals outpaced equities as December-expiry MCX gold futures gained approximately 10.31% between October 20, 2025, and November 5, 2026, despite pulling back from record highs touched in January. Meanwhile, the benchmark Nifty 50 ended Samvat 2082 down nearly 3.24% following headwinds like crude oil volatility, inflation worries, US tariff concerns, and Middle East tensions. Equities managed to recover significant ground late in the cycle, posting an 8% gain over the final five sessions after previously testing key support levels. On Dhanteras, markets surged to finish at their intraday highs, partially offsetting earlier annual losses.

Key points

  • Gold delivered superior overall returns to Indian equities during Samvat 2082 despite exp…: Gold delivered superior overall returns to Indian equities during Samvat 2082 despite experiencing post-January corrections from historic highs.
  • Geopolitical friction between the US, Israel, and Iran, along with crude volatility and t…: Geopolitical friction between the US, Israel, and Iran, along with crude volatility and tariff risks, severely dampened domestic stock market performance.
  • A dramatic multi-session rally on the final days of the year helped equities substantiall…: A dramatic multi-session rally on the final days of the year helped equities substantially trim their losses ahead of Dhanteras.

Sources checked by our analysis pipeline: 1

Dhanteras special: The Indian stock market saw wild swings in Samvat 2082, with geopolitical uncertainty, crude oil volatility and inflation concerns weighed on investors' confidence. Gold prices also saw a roller coaster ride as the precious metal surged to its all-time high levels in January, followed by corrections.

Nifty 50 closed at 25,030 points on Friday, November 6, registering more than 8% weekly gain. As we enter the next Samvat, here’s a comparison of Nifty 50 and gold’s performance in last one year.

Nifty 50 performance in Samvat 2082

The Nifty 50 saw sharp swings in Samvat 2082, as it tested 22300 support for two times in the past 6 months. Before the beginning of November 2026, Nifty 50 was on track to end the Samvat with an 8% loss. However, the last five trading sessions saw a massive rally in Nifty 50 as the benchmark index was up more than 8%.

Despite the rally, Nifty 50 is set to close Samvat 2082 with nearly 3.24% loss.

The last Samvat started on high expectations on the back of fiscal and…

Finance