Nifty Ends Below 25,000: Muhurat Close Snaps a 7-Day Rally

The Nifty 50 closed the Diwali Muhurat session at 24,986.40, down 43.95 points or 0.18%, slipping back below 25,000 and snapping a seven-session winning streak. The BSE Sensex ended at 80,999.40, down 28.62 points or 0.04%, after opening higher on Sunday, November 8, 2026.

What happened in the Muhurat session?

The special session that opens Samvat 2083, the new Hindu financial year, ran from 2:20 p.m. to 3:30 p.m. IST on the NSE and BSE. It started brightly. The Nifty opened at 25,070.45, up from its previous close of 25,030.35, and the Sensex opened at 81,299.34, up from 81,028.02. At its high, the Sensex reached 81,442.11, up 414.09 points or 0.51%.

Those gains did not hold. By the close, both benchmarks had slipped into the red, reversing the positive start. The Nifty finished 84.05 points below its opening level and 13.60 points short of the 25,000 mark it had crossed at the bell. On the Nifty, 17 stocks ended higher and 32 closed lower, according to closing coverage.

Why did the rally break?

Profit-taking after a very large run is the explanation given across the closing reports. In the seven sessions before Sunday, the Sensex had surged 7,781.99 points, or 10.62%, and the Nifty had rallied 2,331.5 points, or 10.27%. Friday alone, the last session of Samvat 2082, added 1,718.01 points to the Sensex and 493.75 points to the Nifty.

Traders also turned defensive and stock-specific. Pharma, healthcare and media were among the sectors that held up, while reports noted concern about whether the recent pace of foreign buying can continue. That caution matters because foreign flows powered much of the rally: foreign institutional investors bought ₹13,749.82 crore of equities on Friday, and NSDL data cited in the coverage put their November purchases at ₹38,971 crore, reversing a two-month selling streak as global money rotated away from the AI trade.

Which stocks moved most?

Sun Pharma was the clear leader, closing about 2.9% higher. Tata Steel gained about 2%, ONGC rose about 1.3%, and Tata Motors Passenger Vehicles added about 1.1%. Adani Ports, Power Grid and Maruti Suzuki also finished higher.

On the downside, SBI Life Insurance fell about 1.1%, while IndiGo and Bharti Airtel each lost about 1%. Max Healthcare, Infosys and Trent were also among the laggards. In the Sensex, 16 stocks ended higher and 14 lower, a split that underlines how narrow the decline was. Broader markers were firmer too: the BSE SmallCap Select index rose 1.18% and the MidCap Select index added 0.22%.

Why is this close getting so much attention?

Muhurat trading is symbolic, and a one-hour session rarely sets the tone for a full year. This one drew attention for three reasons. First, the round number: the Nifty had only just reclaimed 25,000 during the week's rally, and losing it at the first close of Samvat 2083 became the headline. Second, the streak: seven straight gains, and the strongest weekly performance in years, had to pause somewhere, and it paused on the most watched session of the Diwali calendar. Third, the contrast with last year: Samvat 2082 ended with the Sensex down about 4% and the Nifty down 3.24% from the previous Muhurat close, so investors are watching whether a year that starts with heavy foreign buying can deliver a different outcome.

What happens next?

The regular week will test whether Sunday was simple profit-taking or the start of a deeper pause. The questions in the closing coverage are consistent: can the Nifty hold nearby support and reclaim 25,000, do foreign purchases stay close to the November pace, and how do crude oil prices and the West Asia conflict affect flows? None of that can be answered from a one-hour ceremonial session, and this post is reporting the close, not offering investment advice.

Sources: Upstox market wrap, November 8, 2026; The Hindu BusinessLine (PTI), November 8, 2026; NewsPlainly Muhurat close report, November 8, 2026.

FAQ

What were the final Nifty and Sensex closes on November 8, 2026?

The Nifty 50 closed at 24,986.40, down 43.95 points or 0.18%, and the Sensex closed at 80,999.40, down 28.62 points or 0.04%.

Why did Indian markets open on a Sunday?

The NSE and BSE held a special one-hour Muhurat trading session for Diwali, from 2:20 p.m. to 3:30 p.m. IST, marking the start of Samvat 2083.

How big was the rally that just ended?

Over the previous seven sessions, the Sensex gained 7,781.99 points or 10.62%, and the Nifty gained 2,331.5 points or 10.27%.

Which stock gained most in the Muhurat session?

Sun Pharma gained the most among the Nifty leaders cited in closing reports, finishing about 2.9% higher, followed by Tata Steel at about 2%.