As Diwali 2026 approaches, investors are gearing up for one of the most-awaited traditions on Dalal Street — Muhurat Trading. Marking the beginning of Samvat 2083, the special stock market session is considered an auspicious occasion to make fresh investments, welcome Goddess Lakshmi and seek wealth creation in the year ahead. While the festive session is often marked by symbolic buying, investors are also looking for promising stocks that could deliver long-term returns.
The NSE and BSE will conduct Muhurat Trading 2026 on Sunday, 8 November, coinciding with Diwali Lakshmi Puja, with the regular trading session scheduled from 2:20 PM to 3:30 PM IST.
Adding to the festive stock ideas, Angel One Research has identified eight stocks across sectors that investors can consider for Samvat 2083, with potential upside of up to 32% from their 28 October closing prices based on its target prices.
Its recommendations include ICICI Bank, Northern Arc, Aarti Pharmalabs, Shanti Gold, Ratnaveer Precision, Engineers India, AGI Infra and Apollo Micro Systems. The brokerage's picks span financial services, healthcare, consumer discretionary, industrials, real estate and defence. Here is a look at the recommended stocks, their current market prices, target prices and estimated upside.
Angel One values ICICI Bank at ₹1,800, based on 18.8 times its estimated FY29 earnings per share (EPS) of ₹95.70, factoring in expectations of mid-teens earnings growth.