Diwali Muhurat Trading: A Look Back at Sensex and Nifty’s Performance Over the Years

As the Indian stock market gears up for the annual Diwali Muhurat Trading session, market participants are eagerly waiting to see how the Sensex and Nifty will perform during this special trading session. In this article, we will take a look at the historical performance of the Indian benchmarks during Muhurat Trading and what investors can expect from this auspicious trading session.

What is Diwali Muhurat Trading?

Diwali Muhurat Trading is a special trading session held by the National Stock Exchange Ltd. and BSE Ltd. on the day of Diwali, which marks the beginning of the new year, Samvat. This trading session is considered auspicious, and many traders and investors buy stocks during this session as a token of good luck and to start the new year on a positive note.

Historical Performance of Sensex and Nifty During Muhurat Trading

Historically, the undertone of the markets during Muhurat Trading sessions has been bullish, with many traders buying stocks as an auspicious token for their portfolio and to start the new year with a hope that it will bring prosperity. There have been very few instances when the NSE Nifty 50 and BSE Sensex have performed poorly during Muhurat Trade sessions.

According to historical data, the NSE Nifty 50 and BSE Sensex have settled in the red only in the years 1997, 2007, and 2017. In all other years, the Indian benchmarks have ended the Muhurat Trading session in the green.

Recent Performance of Sensex and Nifty During Muhurat Trading

In 2024, the NSE Nifty 50 and BSE Sensex rebounded from a two-day decline in an annual special trading session for the occasion of Samvat 2081. Mahindra & Mahindra Ltd and Oil Natural Gas Corp Ltd shares contributed to the Nifty 50 index.

The Nifty 50 ended 0.39%, or 94.20 points, higher at 24,299.55, and the Sensex ended 0.42%, or 335.06 points, higher at 79,724.12.

What to Expect from This Year’s Diwali Muhurat Trading Session

As the Indian stock market gears up for the annual Diwali Muhurat Trading session, investors are eager to see how the Sensex and Nifty will perform during this special trading session. Given the historical trend of the Indian benchmarks during Muhurat Trading, it is likely that the markets will end the session in the green.

However, it is essential for investors to keep in mind that the performance of the Sensex and Nifty during Muhurat Trading is not a guarantee of their future performance. Investors should do their own research and consult with their financial advisors before making any investment decisions.

Conclusion

In conclusion, the Diwali Muhurat Trading session is a special trading session that is considered auspicious by many traders and investors. The historical performance of the Sensex and Nifty during Muhurat Trading has been bullish, with only a few instances of the Indian benchmarks settling in the red. As the Indian stock market gears up for this year’s Diwali Muhurat Trading session, investors are eager to see how the Sensex and Nifty will perform during this special trading session.