Sensex and Nifty End Muhurat Trading in Red for First Time in Nine Years
The Sensex closed 28.62 points lower at 80,999.40 and the Nifty fell 43.95 to 24,986.40 in the Diwali session that opened Samvat 2083.
Key points
- India's benchmark stock indexes ended the special Diwali Muhurat trading session lower on Sunday, November 8, 2026, the first red close for the session in nine years.
- The one-hour session ran in the afternoon, for the second year in a row, and marks the start of Samvat 2083, the new Hindu accounting year.
- Traders locked in profits after a sharp run.
India's benchmark stock indexes ended the special Diwali Muhurat trading session lower on Sunday, November 8, 2026, the first red close for the session in nine years. The BSE Sensex closed 28.62 points down, or 0.04 percent, at 80,999.40. The NSE Nifty 50 closed 43.95 points down, or 0.18 percent, at 24,986.40, Outlook Business and NDTV Profit reporting said.
The one-hour session ran in the afternoon, for the second year in a row, and marks the start of Samvat 2083, the new Hindu accounting year. The Sensex opened higher at 81,299.34 and reached 81,442.11 during the session before the gains faded. The Nifty briefly crossed 25,100 early in the session, according to market reporting.
Profit booking after a long run
Traders locked in profits after a sharp run. The indexes had risen for seven straight sessions before Sunday, and the Nifty had gained more than 10 percent across those seven sessions, technical analysts told Outlook Business. Shares of Mahindra and Mahindra, IndiGo, Trent, Infosys, Bharti Airtel, Axis Bank, Bajaj Finance and HDFC Bank fell during the session, Top Indian News reported.
The last weaker Muhurat session was on October 19, 2017, when the Nifty fell 0.63 percent and the Sensex fell 0.59 percent. Every Muhurat session from 2018 to 2025 closed higher.
Why it matters
The Muhurat session is a ceremonial hour, not a full trading day. Volumes are thin and the moves are small, and a 0.04 percent fall in the Sensex is close to flat. What readers will notice is the streak. Nine years of green Diwali sessions set an expectation that the first trades of the new Samvat year set a friendly tone. This year they did not, after a run that had already carried the Nifty up more than 10 percent in seven sessions.
Regular trading resumes on Monday, November 9. The equity market stays closed on Tuesday, November 10, for Diwali Balipratipada, according to the exchange holiday calendar cited in market reporting. Sunday's trades settle on Monday under the T+1 schedule.
This report is news coverage of a market session. It is not financial advice. Readers should do their own due diligence before making any investment decision.
Key numbers
Sensex: 80,999.40, down 28.62 points. Nifty: 24,986.40, down 43.95 points. Session high for the Sensex: 81,442.11. Last red Muhurat close before Sunday: 2017.
Timeline
- Nov 8, 2026The Sensex opens the Muhurat session higher at 81,299.34 and reaches 81,442.11 before gains fade.
- Nov 8, 2026The Sensex closes 28.62 points lower at 80,999.40 and the Nifty falls 43.95 points to 24,986.40.
- Nov 8, 2026The red close is the first for a Muhurat session since 2017 and opens Samvat 2083.