Muhurat trading 2026 | Samvat 2083 stock picks | Stocks to buy: The key benchmark indices of the Indian stock market recorded a sharp recovery last week, with the Nifty 50 index gaining 8.6% to close at 25,030.35 and Bank Nifty advancing to 59,086. The rally reflected a broader improvement in global risk sentiment, as hopes of a negotiated geopolitical settlement following the US midterm elections helped trigger a sharp correction in crude oil prices and encouraged a renewed flow of foreign capital into Indian equities. FIIs purchased a net ₹45,960 crore during the week, while DIIs sold ₹24,197 crore, shifting market leadership from domestic support to foreign-led accumulation.
After the solid gains of last week, stock investors must be busy finalising their stock shopping lists during the special Muhurat Trading session on Sunday, 8 November 2026. Marking the beginning of Samvat 2083, the special Muhurat Trading 2026 session will run from 2:20 PM to 3:30 PM.
Sumeet Bagadia, Executive Director at Choice Broking, believes that the Nifty 50 index closing above the crucial 25,000 signals a significant improvement in the short-term trend. The Choice Broking expert said that RSI jumped to 78.55, indicating strong bullish momentum but also an overbought market condition.
Speaking on the outlook of the Nifty 50 index at the beginning of Samvat 2083, Sumeet Bagadia said the 50-stock index has immediate support at 24,800–24,850, while resistance is seen around 25,130–25,200.
“Call OI is concentrated around 25,000–25,200 and Put OI around 24,800–25,000. The broader bias remains positive, although some profit booking or consolidation may follow the sharp rally,” Bagadia added.