Stock Exchanges to Hold Special Diwali Muhurat Trading as Markets Extend Rally

The National Stock Exchange and Bombay Stock Exchange will stay open for a special one-hour Muhurat Trading session on Sunday, November 8, 2026, from 2:20 pm to 3:30 pm for Diwali Laxmi Pujan. This annual session marks the start of the new Hindu financial year, Samvat 2083. Meanwhile, Indian benchmark indices rose for the seventh straight session on Friday despite a global selloff, driven by foreign fund inflows and lower crude oil prices. The BSE Sensex gained 1,718.01 points, or 2.17%, to close at 81,028.02, while the Nifty 50 added 493.75 points, or 2.01%, to finish at 25,030.35. SAHI Research has recommended five stocks for Samvat 2083 across a one-to-six-month horizon. Their picks include Zen Technologies with a buy range of ₹1,700 to ₹1,740 and a stop-loss of ₹1,580, DLF priced between ₹710 and ₹720 with a stop-loss of ₹620, and Adani Green Energy at ₹1,350 to ₹1,385 with a stop-loss of ₹1,165. The brokerage also recommends BSE with a buy range of ₹3,590 to ₹3,640 and a stop-loss of ₹2,990, alongside HDFC Bank priced between ₹720 and ₹740 with a stop-loss of ₹620. Additionally, PL Capital has issued picks for Samvat 2083, setting a target price of ₹490 for Bharat Electronics with a strong order book. PL Capital also set a target price of ₹6,579 for Britannia Industries, ₹1,900 for ICICI Bank backed by a 16% CET-1 ratio, and ₹1,200 for Shriram Finance supported by capital infusion from MUFG Bank.

Context

Muhurat trading is a symbolic and auspicious stock market tradition in India that dates back decades, allowing investors to place token trades to invite prosperity in the new Hindu calendar year. Broking firms regularly release special festive stock recommendations during this period to help retail investors plan tactical investments.