The Indian stock market commenced Samvat 2082 on a modestly positive note during the special Muhurat trading session held on Tuesday, October 21, 2025. Both the Sensex and Nifty indices saw marginal gains, extending a trend of positive Muhurat trading sessions.
The Bombay Stock Exchange (BSE) Sensex closed at 84,426.34, reflecting an increase of 62.97 points, or 0.07%. The National Stock Exchange (NSE) Nifty 50 settled at 25,868.60, up by 25.45 points, or 0.10%. The Bank Nifty index, however, edged slightly lower, closing at 58,007.20 with a decrease of 26.00 points, or 0.04%.
Broader market indices demonstrated stronger gains, with the Nifty Midcap 100 index trading 0.33% higher and the Nifty Smallcap 100 index rising by 0.7%. This indicates more widespread positive sentiment across different market segments.
The Muhurat trading session is a symbolic hour-long trading period observed by Indian stock exchanges and commodity exchanges to mark the beginning of the new Hindu calendar year, Vikram Samvat. This year, the BSE, NSE, MCX, and NCDEX all participated in the auspicious ritual, with trading taking place between 1:45 PM and 2:45 PM.
Traditionally, the Muhurat trading session is considered auspicious, with many investors believing that making purchases during this time brings prosperity. All trades conducted during the session followed standard settlement procedures. The exchanges will remain closed on Wednesday, October 22, for Balipratipada, with regular trading resuming on Thursday, October 23.
Market analysts are optimistic about Samvat 2082, with several factors expected to contribute to stronger market returns. A substantial ₹12 lakh crore tax-free budgetary push, coupled with anticipated GST 2.0 reforms, is projected to stimulate consumption and accelerate corporate earnings growth. The possibility of an India-US trade deal is also seen as a potential catalyst for export growth and bilateral market expansion.
Looking ahead, Choice Equity Broking anticipates that the Nifty could potentially reach targets of 26,500 and 28,000 during Samvat 2082, while Bank Nifty may reach 62,500 by Diwali 2026. Angel One analysts estimate an Earnings Per Share growth with a Compounded Annual Growth Rate (CAGR) of 13 per cent between FY25-27E.
Despite the optimism, potential risks remain. Geopolitical uncertainties, US tariff escalations, high valuations, and fiscal pressures could test market resilience in the coming months. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, noted that the key trend will depend on how earnings growth unfolds. He pointed out that sales of automobiles and white goods have increased early in the festive season, and if this trend continues, earnings growth could reach 8% to 10% in FY26 and accelerate to around 15% in FY27.
Overall, the market outlook for Samvat 2082 is cautiously optimistic, with analysts suggesting that investors may see returns of 10-15% from equities.
