Indian markets set for Muhurat trading on November 8
In short
Indian markets are set for Muhurat trading on November 8. Analysts are broadly positive after Nifty 50 moved above 25,000.
NSE and BSE will hold the one-hour Diwali special session for Vikram Samvat 2083. The brief also warns that some profit-taking or consolidation could happen.
What the reporting says
Indian markets are set for Muhurat trading on November 8, with analysts broadly positive after Nifty 50’s rally above 25,000. The CNBC TV18 Market brief said NSE and BSE will conduct the annual one-hour special Diwali session for Vikram Samvat 2083. The source also noted that some profit-taking or consolidation is possible during the session.
Why it matters
The brief sets up the annual Muhurat trading session in India for November 8 and ties market tone to Nifty 50 moving above 25,000. It also mentions that NSE and BSE will run the one-hour Diwali session for Vikram Samvat 2083. The market implication is a cautiously positive start, though the source flags possible profit-taking or consolidation.