Traders, particularly from Marwari and Gujarati communities, often place symbolic trades after worshipping Goddess Lakshmi, with the hope of ushering in prosperity for the year ahead.
“This session is primarily sentiment-driven; fundamentals play little role. It reflects collective optimism rather than market mechanics,” said V.K. Vijayakumar, chief investment strategist at Geojit Investments.
Festive sentiments, combined with current economic conditions such as GST reforms, tax reliefs, potential rate cuts, and a generally deflationary trend, are expected to support positive market behaviour this year.
Analysts also note that improvements in credit flow from banks and non-banking financial companies (NBFCs), alongside a healthy monsoon and slowing inflation, may further boost consumption-led momentum.
Sectoral insights and investment themes
Historical patterns indicate that banking, IT, and consumer-oriented sectors typically lead gains during Muhurat sessions. Auto and PSU bank stocks have also shown resilience over the years. Cash segment turnover in 2024 reached Rs 18,224.98 crore on the NSE and Rs 2,073.05 crore on the BSE, reflecting strong retail and institutional participation.
Ashwin Patil, Head of Fundamental Research at LKP Securities, recommends considering consumer durables, autos, and auto ancillary stocks with robust fundamentals and valuations this year.
Meanwhile, Geojit Investments highlights large-cap IT stocks trading at historically discounted levels as a potential contrarian opportunity.
Looking ahead
While muhurat trading continues to carry ceremonial significance, it also signals the start of a new financial year for many investors. With an 80 per cent likelihood of positive returns historically, it offers an opportunity for investors to engage with the market while observing tradition.
As Samvat 2082 begins, Dalal Street’s traders and investors alike are hoping for a session that is as prosperous as it is auspicious, marking the start of a new cycle of financial optimism and festive cheer.
