Now Reading: Sensex, Nifty end Diwali Muhurat trading in red after nine years
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Sensex, Nifty end Diwali Muhurat trading in red after nine years
Sensex, Nifty end Diwali Muhurat trading in red after nine years
The Story in Brief
Indian benchmark indices Sensex and Nifty closed lower in the special Muhurat Trading session on Sunday, 8 November, the first negative close during the Diwali session in nine years, according to IndiaToday and The Times of India. The BSE Sensex fell 28.62 points (0.04%) to settle at 80,999.40, while the NSE Nifty declined 43.95 points (0.18%) to 24,986.40, slipping below the 25,000 mark.
The session began on a bullish note, with the Sensex jumping 401.80 points to 81,406 and the Nifty climbing 79.15 points to 25,109.40, driven by buying in Sun Pharma, Tata Steel and ICICI Bank, as The Federal reported. However, profit-taking after a seven-session rally that added over 10% pulled indices lower, The Times of India said. Midcap and smallcap stocks saw buying, pushing BSE's midcap index up 0.5% and the smallcap index up 1.5%, while aggregate market capitalisation of BSE-listed firms hit an all-time high of Rs 506 lakh crore, it added.
Gold ended the MCX session marginally lower at Rs 1,42,520 per 10 grams. Foreign Institutional Investors bought equities worth Rs 13,749.82 crore on Friday, 6 November. The market now looks to the first full session of Samvat 2083 on Monday, 9 November, with analysts watching the Nifty's ability to sustain above 25,000, CNBC-TV18 reported.
Update, 9 November 2026: The Times of India reports the negative close was the first since 2017 and adds that midcap and smallcap indices rose, with BSE market capitalisation hitting an all-time high of Rs 506 lakh crore. CNBC-TV18 adds that Monday, 9 November, is the first full session and weekly Nifty expiry, with analysts eyeing the 25,000 mark.
Indian Opinion Analysis
All four outlets report the same factual story: the Sensex and Nifty closed lower for the first time in nine years during the Muhurat session, after early gains gave way to profit-taking. IndiaToday and The Times of India provide the closing levels and context of the rare red close, while The Federal focuses on the early highs and the stocks that drove them. CNBC-TV18 looks ahead to the next full session and weekly expiry, a forward-looking framing the others omit. The differences are in emphasis rather than disagreement: no outlet challenges the closing figures or the reason (profit-taking after a seven-session rally). The Times of India adds that midcap and smallcap indices rose, and notes the tradition of only buying during Muhurat. The coverage is uniformly straight reporting with no government or ideological slant. Investors now watch the Nifty's ability to sustain above 25,000 in the first full session on Monday, 9 November.
Coverage: 4 sources, 4 neutral
Sources (4): indiatoday.in (neutral report), thefederal.com (neutral report), timesofindia.indiatimes.com (neutral report), cnbctv18.com (neutral report)
This brief was synthesised by AI from the 4 sources linked above, so one read covers every framing they carry. Methodology and corrections.
