Muhurat Trading 2026: Analysts Urge Caution Ahead of Nov 8 Session
Analysts expect a sideways Nifty session on Muhurat trading day, November 8, and advise against large orders given thin liquidity, per Key levels.
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what happened
Indian equities will trade in a special Muhurat session on Sunday, November 8, which marks the start of Samvat 2083 and falls during the Diwali holiday period. Key levels reports that analysts see the slot as a chance to review portfolios and rebalance, but warn against impulsive buying tied to festive mood.
Because the session is short and liquidity tends to be thin, large orders and aggressive trades are discouraged. Motilal Oswal Financial Services (MOSL) calls Nifty's valuation attractive at 17.5 times forward earnings, 16% below its long-term average, while small caps still trade at a 25% premium to theirs.
Choice Broking's technical analyst Hitesh Tailor expects a sideways-to-consolidative session, with Nifty near 24,600, support at 24,350 and resistance at 24,700-24,800. For Bank Nifty he flags 57,500-57,800 as a key zone.
why it matters
For markets, the key point is the thin trading window and caution around a benchmark index that has approached resistance after six straight sessions of gains. Crude oil and geopolitical headlines could trigger profit-taking.
instruments
sources
- Muhurat Trading Strategy Diwali Day 2026: What to do, what to buy, what to avoid? Trading guide for Nov 8 — Key levels, 7 November 2026 at 08:35 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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