Diwali Muhurat Trading 2025: Opinion of Vishnu Kant Upadhyay, AVP – Research & Advisory, Master Capital Services
During the last five Muhurat trading sessions (2020-2024), Nifty 50 has consistently closed in the positive zone and given returns between 0.40% to 0.90% every time. The overall market sentiment remains optimistic with supportive technical indicators and improving infrastructure.
The announcement of zero income tax for individuals earning up to Rs 1 lakh per month in the Union Budget 2025-26, and steps by the government to rationalize the four-tier GST structure into two primary slabs, underline a strong policy focus on stimulating domestic consumption.
As a result, consumption-oriented stocks are expected to remain in focus. From a technical perspective, the broader outlook for Nifty 50 remains constructive, and a “buy on dips” strategy is likely to prevail. Any corrective move towards 25000-24800 area could provide an opportunity to initiate fresh long positions, with initial upside targets placed around 25650-25700 levels.