Indian equities head into the Muhurat Trading session on a strong footing, with the Nifty 50 and Sensex extending their winning streak to seven consecutive sessions ahead of the start of Samvat 2083. The rally culminated in a sharp surge on Friday, when the Nifty 50 reclaimed the 25,000 mark for the first time since February, rising 2.01% to close at 25,030.
The Sensex jumped 1,718 points, or 2.17%, to settle at 81,028. Both benchmarks recorded their strongest weekly gains since February 2021. Experts believe renewed foreign investor buying and strong domestic liquidity have bolstered sentiment, keeping the near-term outlook constructive. However, persistent global uncertainties remain a key factor influencing market direction in the new Samvat year.
The NSE and BSE will hold the special Muhurat Trading session today, Sunday, 8 November, from 2:20 PM to 3:30 PM IST.
Ponmudi R, CEO of Enrich Money, said Muhurat Trading dates back to 1957, when the Bombay Stock Exchange first introduced the special session. The NSE subsequently adopted the tradition in 1992. Rooted in the age-old practice of opening new account books on Diwali to invite prosperity, the session carries considerable cultural significance, although its impact on broader market movements is generally modest. Historical trends indicate that markets have delivered average gains of around 0.5% in years when Muhurat Trading ended on a positive note, he said.
Ponmudi noted that Indian markets enter Samvat 2083 on a strong footing, with historical trends offering further encouragement. Over the past 10 Muhurat Trading sessions, from 2016 to 2025, the Nifty and Sensex closed higher on eight occasions, declining only in 2016 and 2017. The Nifty has also ended every Muhurat session in positive territory since 2018. He said that while global investors remain cautious amid uncertainty surrounding the AI trade, domestic investors have continued to demonstrate confidence by buying into market declines.