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Indian Stock Market Report: November 8, 2026

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Special Diwali Muhurat Trading Wrap: Sensex and Nifty Edge Lower to Kick Off Samvat 2083

Indian equity benchmark indices concluded the special one-hour Diwali Muhurat Trading session on a subdued note on Sunday, November 8, 2026. Marking the beginning of the new Hindu accounting calendar year, Samvat 2083, Dalal Street witnessed symbolic trading activity post-market close. Following a massive seven-day streak that pushed indices to record peaks, benchmark heavyweights faced mild profit-booking.

At the post-market close, the BSE Sensex slipped 28.62 points (-0.04%) to settle at 80,999.40. Concurrently, the NSE Nifty 50 dropped 43.95 points (-0.18%) to close at 24,986.40, dipping marginally below the 25,000 level. Despite headline consolidation, market breadth remained positive across broader counters as healthcare and selective metal plays attracted defensive accumulation.

Market Snapshot

Benchmark IndexClosing LevelAbsolute ChangePercentage Change
BSE Sensex80,999.40-28.62-0.04%
NSE Nifty 5024,986.40-43.95-0.18%
Nifty Pharma——+1.15%
Nifty Metal——+0.65%

Top Nifty 50 Gainers & Losers

Institutional flow tilted toward healthcare and select commodity plays, while mega-cap software exporters and aviation counters experienced mild profit-taking.

Top Gainers

  • Sun Pharma: ₹1,910.00 (+2.85%) — Led defensive buying as pharmaceutical plays emerged as top picks for Samvat 2083.
  • Tata Steel: ₹191.50 (+2.70%) — Advanced sharply following robust Q2 FY27 earnings with consolidated net profit rising to ₹3,700 crore.
  • Adani Ports & SEZ: ₹1,915.00 (+2.10%) — Scaled new 52-week highs amid institutional accumulation.
  • ONGC: ₹236.40 (+1.85%) — Rebounded as international crude oil prices stabilized.
  • Maruti Suzuki: ₹12,780.00 (+1.45%) — Extended festive momentum on strong vehicle dispatch figures.

Top Losers

  • InterGlobe Aviation (IndiGo): ₹5,290.00 (-2.15%) — Trailed percentage decliners on selective profit-taking post recent highs.
  • SBI Life Insurance: ₹1,780.00 (-1.95%) — Trailed lower as insurance counters faced minor distribution.
  • Infosys Ltd: ₹1,195.00 (-1.64%) — Slipped as investors rebalanced out of frontline IT exporters.
  • Trent Ltd: ₹3,010.00 (-1.50%) — Consolidated lower following stellar recent festive gains.
  • Bharti Airtel: ₹2,080.00 (-1.25%) — Trailed lower under mild profit-booking.

Key Market Drivers

  • Muhurat Trading Dynamics: The symbolic 60-minute session saw low trading volumes and mild profit-taking following a multi-day rally.
  • Samvat 2083 Sector Rotation: Investors prioritized defensive healthcare and commodity names over high-beta retail and IT counters to start the new calendar year.

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Rupee at Close

8 Nov, 2026

Indian rupee ended 56 paise higher at 93.91 per dollar on Friday versus previous close of 94.47.

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FII’s & DII’s Activity on 8 Nov, 2026

Net value in crores

BUYSELL
DII700.31
FII0.25

Source : NSE

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NOTE: *** The above information is based on the source and just for information and educational purposes only. Please consult your financial advisor before buying any stocks. Thank You ***

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