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Diwali 2026 | Muhurat Trading 2026 | Samvat 2026 stock picks under ₹50: After witnessing a broad market rally, the Indian stock market is ready for the ceremonial special Muhurat Trading session 2026 on Sunday, 8 November 2026. The 70-minute special session will begin today at 2:20 PM and end at 3:30 PM. It should be noted that over the last decade, the Indian indices Sensex and Nifty 50 have ended higher for the last eight successive sessions. They ended in red only in 2016 and 2017.
According to data available on HDFC Sky, from 2006 to 2025, the Nifty 50 index closed lower than its previous close on just five occasions: 2007, 2009, 2012, 2016, and 2017. The 50-stock index has been finishing higher since 2018. The 30-stock index Sensex finished lower on just four occasions: 2007, 2012, 2016, and 2017. So, in the last ten years, both Nifty 50 and Sensex have ended higher for the last eight straight sessions, and the key indices have ended higher on 8 out of 10 Muhurat Trading sessions in the last 10 years. This means the decadal strike rate for both the Sensex and the Nifty is 80%, and market observers expect it to rise to 90%.
Mahesh M Ojha, VP — Research and Business Development, believes the key indices, Sensex and Nifty, may end higher today as well, as global and domestic sentiments signal a gap-upduring the special Muhurat Trading session 2026. He said that Muhurat Trading may open with a big gap-up and end below the opening levels, but it may also end above the previous close, as people don't leave their positions open during the short special ceremonial session.
Speaking on the outlook of the Nifty 50 index at the beginning of Samvat 2083, the KC Securities expert said the 50-stock index has immediate support at 24,800, while resistance is seen around 25,200.
Regarding stocks to buy during the Muhurat trading session on Diwali 2026, Mahesh M Ojha recommended buying these three shares: PC Jeweller, Suzlon Energy, and Vedanta Power.
1] PC Jeweller: Buy in ₹15 to ₹16 range | Targets ₹18, ₹21, ₹24 | Stop Loss below ₹11.80;
2] Suzlon Energy: Buy in 38 to ₹38.80 range | Targets ₹40.50, ₹43, ₹46 | Stop Loss 35.70; and
3] Vedanta Power: Buy in ₹34.50 to ₹35.50 range | Targets ₹38, ₹41, ₹45 | Stop Loss ₹31.
Disclaimer: This story is for educational and informational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified financial experts before making any investment decisions.
Asit Manohar has nearly two decades of experience in the mainstream media. In this period, he has served esteemed media organisations like NDTV Profit, The Economic Times, and Zee Business. He has been working at LiveMint Digital since April 2021. During these two decades of journey in mainstream media, Asit has mainly covered external affairs, markets and personal finance. However, his earliest beats include railways, SME, MSME, and politics (Congress beat). Some of his features on political, economic, and foreign policy are documented in the parliamentary records. <br><br> While pursuing his MA (Mass Communication, Session 2004-06), Asit began his media career as a stringer at All India Radio in Varanasi. At AIR Varanasi, Asit worked with the Gyanvani, Yuvvani and Vividh Bharti teams. After working for nearly one year at AIR Varanasi, he shifted to print journalism and started working as a stringer for the HT Media Ltd, Varanasi. At HT Media Ltd in Varanasi, he covered the BHU beat. <br><br> Asit has also worked with some brokerage houses. He has worked with Religare Broking and India Infoline, where he assisted the research team in developing and executing trade strategies for intraday cash, F&O, and commodities. <br><br> Asit is a Gold Medalist in MA (Mass Communication) from BHU, Varanasi. He did his BSc. (Hons) in Mathematics from Magadh University, Bodh Gaya. Asit was a National Talent Scholarship holder during his senior secondary studies (1988-91).
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