Indian stock markets gear up for special 70-minute Diwali Muhurat Trading session

The Indian stock market is hosting its special ceremonial Muhurat Trading session on Sunday, November 8, 2026. The 70-minute trading window runs from 2:20 PM to 3:30 PM. Over the past decade, key indices Sensex and Nifty 50 have ended higher for eight successive sessions, closing in the red only in 2016 and 2017.

Market Outlook

Data from HDFC Sky shows that between 2006 and 2025, the Nifty 50 closed lower on just five occasions in 2007, 2009, 2012, 2016, and 2017. The Sensex finished lower only four times during the same span, in 2007, 2012, 2016, and 2017. Sumeet Bagadia, Executive Director at Choice Broking, expects both indices to close higher today due to positive global and domestic sentiments pointing to a gap-up opening. For Samvat 2083, Bagadia notes that Nifty 50 has immediate support between 24,800 and 24,850, with resistance pegged at 25,130 to 25,200.

Stock Picks

Bagadia has recommended three stocks under 100 rupees for the Samvat 2083 session. First is Suzlon Energy, with a recommended buy price of 38.80 rupees, a target of 43 rupees, and a stop loss of 36.50 rupees. Second is NHPC, with a buy price of 82.08 rupees, a target of 90 rupees, and a stop loss of 77.50 rupees. Third is South Indian Bank, with a buy price of 57.75 rupees, a target of 63.50 rupees, and a stop loss of 54.50 rupees.

Context

Muhurat Trading is a symbolic and auspicious stock market trading session held annually in India during Diwali to mark the beginning of the Hindu calendar year, known as Samvat. Investors and traders traditionally execute small trades during this brief window to bring prosperity and good fortune in the new financial year.