Diwali Muhurat Trading 2026: Sensex Jumps 250 Points, Nifty Gains 40 As Indian Stock Market Opens Higher In Mumbai

Mumbai, November 8: Indian stock market indices surged higher during the special Muhurat Trading session on Sunday, kicking off the Hindu calendar year Samvat 2083 on a bullish note. At the opening bell, the Sensex climbed approximately 250 points, while the Nifty rose nearly 40 points. This special 70-minute trading window, scheduled from 2:20 pm to 3:30 pm, is observed across various platforms including the Multi Commodity Exchange (MCX).

Gold experienced its biggest weekly rally since August, while crude oil prices dropped over 12% due to concerns over Federal Reserve's rate hikes. Muhurat Trading is a cherished tradition in the Indian stock market, with investors viewing the occasion as auspicious for new investments, believing that buying stocks during this period at the start of the Hindu calendar year brings prosperity and positive returns.

The markets entered the new Samvat 2083 with renewed optimism, buoyed by the stock market's strongest weekly gains in nearly six years. The Nifty surged more than 8% over the previous week, while both Sensex and Nifty extended their winning streak to seven consecutive trading sessions. Market experts believe the outlook for the coming Samvat remains constructive, although they anticipate moderate and selective returns.

Earnings growth, rather than valuation expansion, is expected to be the primary driver of market performance moving forward. Analysts emphasize that India is well-positioned to deliver sustainable long-term growth, focusing on quality, earnings resilience, and prudent investing.