Muhurat Trading 2026: Market Outlook and Samvat 2083 Picks
The Indian stock market is scheduled to hold its ceremonial Muhurat Trading session for 2026 on Sunday, November 8, 2026. This special 70-minute session will run from 2:20 PM to 3:30 PM, marking the beginning of Samvat 2083.
Historical data indicates a strong performance trend for this annual event. Over the past decade, both the Sensex and Nifty 50 indices have closed higher in 8 out of 10 Muhurat Trading sessions, representing an 80% success rate. Market observers anticipate this rate could potentially increase to 90%. According to HDFC Sky data, the Nifty 50 closed lower on only five occasions between 2006 and 2025: 2007, 2009, 2012, 2016, and 2017. Similarly, the 30-stock Sensex finished lower in 2007, 2012, 2016, and 2017.
Sumeet Bagadia, Executive Director at Choice Broking, suggests that global and domestic sentiments point toward a gap-up opening for the session. While he notes the possibility of a gap-up followed by a decline below opening levels, he also acknowledges the potential for the indices to finish above the previous close, as market participants typically avoid leaving positions open during this brief ceremonial window.
Regarding the Nifty 50's outlook for the start of Samvat 2083, Bagadia identifies immediate support in the 24,800–24,850 range, with resistance anticipated between 25,130 and 25,200. He notes that Call Open Interest (OI) is concentrated at 25,000–25,200, while Put OI sits at 24,800–25,000. While the broader market bias remains positive, Bagadia cautions that profit booking or consolidation may occur following recent rallies.
For the Muhurat Trading session, Bagadia has highlighted three stock picks for Samvat 2083: Suzlon Energy, NHPC, and South Indian Bank. His recommendations include specific targets and stop-loss levels. Suzlon Energy is suggested for purchase at ₹38.80, with a target of ₹43 and a stop loss of ₹36.50. NHPC is recommended at ₹82.08, with a target of ₹90 and a stop loss of ₹77.50. Finally, South Indian Bank is suggested at ₹57.75, with a target of ₹63.50 and a stop loss of ₹54.50.
Investors should note that these recommendations are for educational purposes and reflect the views of individual analysts rather than institutional advice. It is recommended that market participants consult with certified financial experts before executing trades.
Why it matters
The Muhurat Trading session is a significant cultural and financial event in India, and its historical tendency for positive closes often influences investor sentiment as they enter the new Samvat year.
FAQ
When is the Muhurat Trading session for 2026?
The 70-minute session takes place on Sunday, November 8, 2026, from 2:20 PM to 3:30 PM.
What are the recommended stock picks for Samvat 2083?
Sumeet Bagadia recommends Suzlon Energy (Buy at ₹38.80), NHPC (Buy at ₹82.08), and South Indian Bank (Buy at ₹57.75).
What is the historical success rate of Muhurat Trading sessions?
Over the last 10 years, both the Nifty 50 and Sensex have ended higher in 8 out of 10 sessions, resulting in an 80% strike rate.
Source: Mint Markets. See the original source for full details.
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