With Diwali 2026 today, market participants are prepared for Muhurat Trading, a special session that marks the start of the new Hindu financial year, Samvat 2083. Traditionally regarded as an auspicious time to begin new investments, the session coincides with Lakshmi Puja and carries symbolic significance for wealth and prosperity. Beyond the festive sentiment, investors are also keen to identify stocks with the potential to generate long-term returns in the year ahead.
The NSE and BSE will hold the Muhurat Trading session on Sunday, 8 November 2026, on the occasion of Diwali. Trading will take place from 2:20 PM to 3:30 PM IST.
Geojit has identified 10 stocks across banking, infrastructure, information technology, auto components, hospitality, healthcare services and new-age businesses as its preferred picks for Samvat 2083.
The brokerage's Diwali portfolio combines established large-cap companies with select mid-cap opportunities, focusing on earnings visibility, strong balance sheets, sectoral growth prospects and reasonable valuations.
Geojit acknowledged that Indian equities continue to face external headwinds, including elevated crude oil prices, geopolitical uncertainty, high US bond yields and persistent foreign investor outflows, which could keep near-term volatility elevated. However, it believes the recent market correction has improved the risk-reward for investors with a medium- to long-term investment horizon.