How Has the Indian Stock Market Performed During Muhurat Trading? A 10-Year Review
Muhurat Trading is a special stock market session held on Diwali to mark the beginning of the Hindu financial year, or Samvat. While the session is considered auspicious by many investors, market movements are still influenced by investor sentiment and prevailing market conditions.
A look at the past 10 Muhurat Trading sessions, from 2016 to 2025, shows that the Nifty 50 and Sensex have generally ended on a positive note. Both indices closed higher in eight of these sessions and declined in two, suggesting that the festive mood has often coincided with gains, though positive returns are never guaranteed.
The table below compares the opening and closing levels of the Nifty 50 and Sensex during each session, along with the Nifty 50's percentage change.
Muhurat Trading: Nifty 50 and Sensex Opening and Closing Levels, 2016–2025
| Year | Muhurat Trading Date | Nifty 50 Opening | Nifty 50 Closing | Sensex Opening | Sensex Closing | Nifty 50 Change |
|---|---|---|---|---|---|---|
| 2016 | 30 October | 8,672.35 | 8,625.70 | 28,066.32 | 27,930.21 | -0.14% |
| 2017 | 19 October | 10,210.35 | 10,146.55 | 32,656.75 | 32,389.96 | -0.63% |
| 2018 | 7 November | 10,164.45 | 10,598.40 | 35,301.88 | 35,387.68 | +0.65% |
| 2019 | 27 October | 11,662.25 | 11,627.15 | 39,397.37 | 39,250.20 | +0.37% |
| 2020 | 14 November | 12,823.35 | 12,780.25 | 43,815.45 | 43,637.98 | +0.47% |
| 2021 | 4 November | 17,935.05 | 17,916.80 | 60,207.97 | 60,067.62 | +0.49% |
| 2022 | 24 October | 17,336.35 | 17,730.75 | 59,804.02 | 59,831.66 | +0.88% |
| 2023 | 12 November | 19,547.25 | 19,525.55 | 65,418.98 | 65,259.45 | +0.52% |
| 2024 | 1 November | 24,302.75 | 24,304.35 | 80,023.74 | 79,724.12 | +0.41% |
| 2025 | 21 October | 25,901.20 | 25,868.60 | 84,484.67 | 84,426.34 | +0.11% |
Conclusion
The last 10 years of Muhurat Trading show that the Indian stock market has largely maintained a positive trend during this special Diwali session. While the Nifty 50 and Sensex have recorded gains in most years, occasional declines highlight that market movements depend on more than festive sentiment.
For investors, Muhurat Trading is an opportunity to mark the beginning of a new investment year. However, making investment decisions based on market fundamentals, financial goals and risk tolerance remains important, regardless of how the market performs during the festive session.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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