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End of 9-Year Streak: Indian Stocks Dip in Diwali Trading
8 Nov
Summary
- Indian stock indices concluded Muhurat trading session negatively.
- Sensex and Nifty experienced losses, ending a nine-year winning streak.
- Muhurat trading is a special Diwali session for auspicious beginnings.
Indian benchmark stock indices, the Sensex and Nifty, concluded the special Muhurat trading session in negative territory, breaking a nine-year streak of positive finishes. The Sensex closed down 28.62 points (0.04%) at 80,999.40, while the Nifty fell 43.95 points (0.18%) to 24,986.40.
This outcome marked a reversal from earlier gains, occurring despite the session's purpose to signify the start of Samvat 2083, the Hindu accounting year. Historically, weaker Muhurat trading sessions were last noted on October 19, 2017. Previous instances of market declines during this period include 2007, 2012, and 2016.
Despite varying gains over the years, markets generally favor this festive trading window. Muhurat Trading is a traditional event organized by Indian stock exchanges during Diwali, aiming to usher in prosperity. The session operates under standard market mechanisms, influenced by investor sentiment and economic conditions.
In contrast to this year's outcome, recent years have seen consistent positive closes. Both benchmarks finished higher between 2018 and 2025, with the strongest gain recorded in 2022 when both advanced by 0.87%. The last Muhurat session on October 21, 2025, had seen both indices finish higher.
