Muhurat Trading 2026 Stocks to buy on Diwali Day Nov 8: From Eternal to MCX - Chandan Taparia of MOFSL shares 4 picks

Detailed summary

The Sensex and Nifty hit session highs as domestic optimism outweighed global losses, aided by foreign fund inflows, lower oil prices, corporate earnings and rupee strength. Technical analysis points to further potential gains in analyst picks Meesho, Eternal, MCX and Adani Ports.

The Nifty 50 and Sensex extended their winning streak to a seventh consecutive session on Friday, defying a selloff in global markets as improving domestic cues fuelled a strong rally on Dalal Street. The Sensex surged over 1,700 points, while the Nifty reclaimed the crucial 25,000 mark, supported by sustained foreign fund inflows and a decline in crude oil prices.

Investor sentiment also drew support from healthy second-quarter corporate earnings and a strengthening rupee, adding to the festive cheer in the domestic market.

The 30-share BSE Sensex climbed 1,718.01 points, or 2.17%, to close at the day's high of 81,028.02.

The NSE Nifty 50 rose 493.75 points, or 2.01%, to settle at 25,030.35, also its highest level of the session. The index touched a nine-month high, with buying seen across sectors. It had last closed at a higher level of 25,088.40 on 2 February 2026.

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