Sensex logs worst two-year return trend since 2012

It’s not often that India’s stock markets disappoint investors for a long stretch. The benchmark indices have yielded negative returns not just over the past one year, but also over a two-year time frame. In 2026, the Sensex has ended 37% of its trading days with two-year returns in red, the worst showing since 2012, shows an ET analysis. It’s now 697 days, and counting, since the indices struck anew all-time high. Tanay Sukumar looks at the data:

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