Rama Krishna Sangem
Muhurat trading is symbolic, as it celebrates Deepavali festival by the stokc investors. Still, this year like in the past few, reflected a reality on the ground – that India growth story is not going wrong. This, in spite of US President Donald Trump tariffs to an extent of 50 per cent on us. Most of us wouldn’t have had the belief 7-8 months back that we can withstand the tariff shocks. But, today we not just withstood them, but continuing our journey on the path of progress.
On 2025 Muhurat trading day, markets extend gains as Sensex gains 63 points, Nifty closes above 25,850. Benchmark indices Sensex and Nifty ended the Muhurat Trading session 2025, the first trading session of Samvat 2082, on October 21 on a slightly positive note. The hour-long trading session, held from 1:45 pm to 2:45 pm, saw benchmark indices extend their gains to fifth day albeit with minor gains.
Volatility was seen during the Muhurat Trading session as profit booking reigned supreme after markets opened at fresh 52-week high. Sensex fell nearly 250 points from day’s high while Nifty shaved off 66 points from the intraday high. At 2:45 pm, the Sensex settled 63 points higher at 84,426, and the Nifty closed 25 points higher at 25,838.80. About 2,732 shares advanced, 898 shares declined, and 152 shares were unchanged.
Infosys emerged as one of the top Nifty gainers as the Donald Trump administration has clarified the exemptions to the controversial $100,000 H-1B visa fee introduced via a presidential proclamation in September. Employers can now proceed with change-of-status filings. The proclamation’s scope is limited to new petitions for individuals outside the country. The Nifty Midcap index rose 0.1% while the Nifty SmallCap index rose 0.5%.
IT & GST reforms saved the economy
“The fiscal and monetary reforms implemented this year have started showing results. Particularly, the sales of automobiles and white goods have shot up early this festive season and, if this trend sustains, earnings growth will be good at around 8 to 10% in FY 26, accelerating to around 15 % in FY 27. If this expectation materialises, the market will rally in Samvat 2082 compensating for the underperformance of Samvat 2081.
In the short run the market may get a leg up from a possible India- US trade deal, but the long-term trend will be dictated by earnings growth,” said VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited. Another takeaway, the prices of gold and silver are not going to come down anytime soon.