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High Impact

Muhurat Trading 2026: Sensex, Nifty open higher in special session; Tata Steel, Sun Pharma shares among top gainers - Business Today

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🏷Markets
📰via Businesstoday
✍️Edited by Luís Barata

The Sensex and Nifty opened higher during the Muhurat trading session, a one-hour special session the National Stock Exchange and Bombay Stock Exchange hold each year on Diwali, with Tata Steel and Sun Pharmaceutical among the leading gainers. The move reflects a short-duration, symbolic session in which thin liquidity tends to amplify price reactions in individual large-cap names rather than signal a sustained shift in index direction. Tata Steel's exposure to domestic construction and infrastructure demand and Sun Pharma's position as India's largest specialty pharmaceutical company mean their moves are closely tied to, respectively, steel price cycles and US generic drug pricing and regulatory sentiment, so their strength during the session carries more information about sector positioning than the broad index gain does. Because Muhurat volumes are low and the session is ceremonial, traders should treat the opening gains as a weak read on regular-session momentum. The more informative catalyst is the first full trading session after the holiday, when order flow returns to normal and the direction of these sector leaders can be tested against the next domestic and global cues.

Source: Originally reported by Businesstoday at November 08, 2026. Summary and market context by Trading News Terminal editorial.

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