Indian Stock Market Closes Fluctuations in Sensex and Nifty at the End of the Trading Day
The Indian stock market had a volatile year of special Muhurat Trading 2026 session on Diwali Sunday. They entered into the new Hindu year, Samvat 2083, with high hopes. Investors cheered the opening of the special day but benchmark indices failed to hold their initial gains.
In the pre-close session, BSE Sensex held onto its gains to trade in green while NSE Nifty 50 fell off the positive line to the red. Even when benchmark indices drifted in the negative territory, some major penny stocks staged a rally.
Sun Pharmaceutical Industries and Tata Steel were the biggest gainers among Nifty stocks. While, the banking, information technology and real estate stocks were under selling pressure.
Sensex at 3:20 PM IST was at 81,109.86, up 81.84 points or 0.10% while Nifty was down by 6.65 points at 25,023.70 or down 0.03%.
The session unofficially ushered in the start of Samvat 2083, which Indian investors typically link with a new cycle of financial opportunities and investments.
Muhurat Trading 2026: Sensex & Nifty Market Highlights
Here are the key market figures recorded at the pre-close stage:
| Market Indicator | Performance |
| Sensex | 81,109.86 |
| Sensex Change | +81.84 points |
| Sensex Percentage | +0.10% |
| Nifty 50 | 25,023.70 |
| Nifty Change | -6.65 points |
| Nifty Percentage | -0.03% |
| Advancing Stocks | 3,055 |
| Declining Stocks | 853 |
| Unchanged Stocks | 161 |
| India VIX | 18.40 |
| India VIX Change | +5.32% |
The market breadth indicated that buying interest was visible across several stocks, even though the headline indices failed to deliver strong gains.
More Than 3,000 Stocks Trade Higher During Muhurat Session
The biggest highlight of this capital trading scheme that emerged was the strong performance of the wider market stocks.
By pre-close, 3,055 stocks were advancing as against 853 declining stocks. Elsewhere, 161 stocks were uncthed.
The Nifty Smallcap 100 was the best market performer, closing up 0.94%. The Nifty Midcap 100 was also positive, edging up 0.16%.
Such broad market participation does not only reflect inflows into a few big cap companies. It also point towards buying interest towards many small-cap and mid-cap stocks.
Whereas, India VIX was up 5.32% at 18.40.
Sun Pharma Tops Nifty Gainers With Over 3% Jump
Among the stocks in the Nifty 50, Sun Pharmaceutical Industries was the best performer in the special session.
Shares of the pharma company gained 3.24% to Rs 1,920.20 and witnessed strong buying.
Tata Steel was also among the top gainers in the market on Tuesday with the share rising 2.10% to Rs 190.21.
With pharmaceutical and metal stocks in demand, the broader market found some support during the special Diwali session.
Bharti Airtel, SBI Life, Infosys Among Major Losers
Although there were a number of stocks which posted gains, others sold off.
Bharti Airtel was the worst performer among the Nifty 50 stocks at pre-close stage with the stock falling 0.86% to Rs 2,089.10.
SBI Life Insurance also came under pressure and was trading 0.79% lower. Inter Globe Aviation, the parent company of IndiGo, was down 0.68%.
Other stocks that declined were:
Other notable gainers included:
| Stock Name | Percentage Gain |
| Sun Pharma | +3.24% |
| Tata Steel | +2.10% |
| ONGC | +1.35% |
| Tata Motors Passenger Vehicles | Above 1% |
| Adani Ports | Above 1% |
Pharmaceutical and metal stocks attracted buying interest, helping support the broader market during the special Diwali session.
Bharti Airtel, SBI Life and Infosys Among Top Losers
While several stocks delivered positive returns, some major companies experienced selling pressure.
Bharti Airtel was the biggest loser among Nifty 50 constituents at the pre-close stage. The stock declined 0.86% to Rs 2,089.10.
SBI Life Insurance also remained under pressure, falling 0.79%. InterGlobe Aviation, the parent company of IndiGo, declined 0.68%.
Other stocks that recorded losses included:
| Stock Name | Percentage Decline |
| Bharti Airtel | -0.86% |
| SBI Life Insurance | -0.79% |
| InterGlobe Aviation | -0.68% |
| Trent | -0.65% |
| Infosys | -0.58% |
The weakness in selected banking, technology and consumer-related stocks contributed to the Nifty’s marginal decline.
Pharma and Media Stocks Outperform Other Sectors
Sectoral performance during Muhurat Trading 2026 showed considerable differences between industries.
Nifty Media emerged as the strongest sectoral performer, gaining 1.88%. Nifty Pharma followed with a 1.44% increase.
The Nifty Energy index also traded higher, advancing 0.57%.
However, not every sector participated in the upward movement.
Nifty Realty declined 0.45%, while Bank Nifty slipped 0.27%. Information technology and PSU banking stocks also remained under pressure.
The sectoral performance highlights the importance of stock selection, as different industries experienced different levels of investor demand.
Raamdeo Agrawal Expects Strong Market Returns by Next Diwali
Market expert Raamdeo Agrawal, Chairman and Co-Founder of Motilal Oswal Financial Services, expressed optimism about the future performance of Indian equities.
According to his outlook, the Indian stock market could deliver strong returns by the next Diwali after experiencing approximately two years of relatively limited progress.
He identified several factors that could support a potential market recovery.
Key factors supporting his positive outlook include:
1. Attractive stock valuations: Improved valuations could create opportunities for long-term investors to accumulate quality companies.
2. Strong corporate earnings: Better earnings growth could support higher stock prices and improve investor confidence.
3. Potentially lower crude oil prices: A decline in international crude prices could benefit India by reducing pressure on import costs and inflation.
4. Currency stability: A relatively stable Indian rupee could improve confidence among domestic and international investors.
5. Foreign investor participation: A return of foreign institutional investors could provide additional liquidity and buying support to Indian equities.
Although these factors provide reasons for optimism, actual market performance will depend on economic conditions, corporate earnings and global developments.
What Does Samvat 2083 Mean for Indian Stock Market Investors?
Muhurat Trading is a traditional special trading session conducted by Indian stock exchanges around Diwali. It marks the beginning of a new Hindu financial year, known as Samvat.
Many investors consider this session an auspicious occasion to begin new investments, purchase shares or review their existing portfolios.
However, Muhurat Trading is not fundamentally different from regular market trading in terms of investment risk.
Investors should avoid making decisions based only on festival sentiment. Instead, they should consider company fundamentals, valuations, financial performance and long-term business prospects.
For the new Samvat 2083, investors may focus on:
- Companies with consistent revenue and profit growth.
- Businesses with manageable debt.
- Stocks available at reasonable valuations.
- Strong sectors with long-term growth opportunities.
- Diversification across different industries.
- Proper risk management before investing.
A disciplined investment approach can be more valuable than trying to predict short-term market movements.
Meta Description: Muhurat Trading 2026 market highlights: Sensex gains 81 points while Nifty slips marginally. Check top gainers, losers, sector performance and Samvat 2083 outlook.
Conclusion: Can the Indian Stock Market Deliver Strong Returns in Samvat 2083?
Muhurat Trading 2026 ended with a mixed performance for India’s benchmark indices. The Sensex gained 81.84 points, while the Nifty declined marginally by 6.65 points during the pre-close session.
However, positive market breadth, strong small-cap performance and buying interest in pharmaceutical and metal stocks provided encouraging signals.
Sun Pharma and Tata Steel were among the standout performers, while Bharti Airtel, SBI Life and Infosys faced selling pressure.
As Samvat 2083 begins, investors will closely monitor corporate earnings, foreign investment flows, crude oil prices, inflation and global economic developments.
The outlook shared by Raamdeo Agrawal also brings optimism about the possibility of stronger equity market returns by the next Diwali.
Nevertheless, investors should remember that stock market investments are subject to market risks. Long-term investment decisions should always be based on proper research and individual risk tolerance rather than short-term market sentiment.