Stock Market News: Samvat 2083 has opened on a shaky note for Dalal Street. The Sensex closed 28.62 points lower at 80,999.40 in the Diwali Muhurat session on Sunday, 8 November. This was the first negative Muhurat close since 2017.
Stock Markets Lose Early Gains On Monday
The weakness continued on Monday. The Sensex opened 327.89 points higher at 81,327.29, but the early optimism did not last. The Nifty failed to hold the 25,000 level, and the Sensex fell more than 260 points from its opening high.
DON'T MISS
IT Stocks Lead The Fall
IT stocks led the decline. Nifty IT fell about 1.47 per cent in early trade. HCL Technologies lost 2.08 per cent, Tech Mahindra 1.94 per cent, TCS 1.52 per cent and Infosys 1.46 per cent. Banking stocks such as HDFC Bank, SBI and ICICI Bank offered some support.
Should Investors Worry?
History suggests a red Muhurat session is not a verdict on the year. Between 2006 and 2025, the Nifty closed lower in the session five times, and in four of those years it delivered positive returns over the following Samvat. Still, rising oil prices, Middle East tensions, a weaker rupee and higher US bond yields have been weighing on sentiment.
5 Ways To Be Cautious in Stock Market
- Don’t panic-sell. One weak session, even a symbolic one, rarely changes long-term fundamentals.
- Diversify across sectors. IT’s slide shows the risk of heavy exposure to a single theme.
- Stagger your entries. Spread purchases through SIPs or phased buying instead of investing a lump sum in a volatile market.
- Use stop-losses and size positions sensibly. Traders should decide their risk limit before entering a trade, not after.
- Track the key triggers. Keep an eye on US bond yields, crude oil, rupee movement, foreign investor flows and IT earnings guidance, and keep some cash for emergencies.
