SAHI Research Unveils Top 5 Stocks for Muhurat Trading on Diwali 2026

The Indian stock market is set to witness a special Muhurat Trading session on November 8, 2026, from 2:20 PM to 3:30 PM, coinciding with the auspicious occasion of Diwali Laxmi Pujan. This annual event marks the beginning of the new Hindu financial year, Samvat 2083, and is traditionally viewed as an auspicious time for making investments. The National Stock Exchange (NSE) and [Bombay Stock Exchange](/topic/sensex) (BSE) will remain open for this one-hour trading session, despite it being a regular market holiday.

This year, the market has shown remarkable resilience, with benchmark indices extending their winning streak to seven consecutive sessions. The BSE Sensex surged by 1,718.01 points, or 2.17%, closing at 81,028.02, while the NSE [Nifty](/topic/nifty-50) 50 advanced by 493.75 points, or 2.01%, settling at 25,030.35. This rally has been fueled by sustained foreign fund inflows and easing [crude](/topic/crude-oil) oil prices, which have bolstered investor sentiment.

In light of the positive market conditions, SAHI Research has identified five stocks that are poised for growth in the upcoming financial year. These stocks span various sectors, including banking, real estate, renewable energy, defence technology, and capital markets. The brokerage recommends these stocks for tactical investment opportunities over a one-to-six-month horizon, citing favorable technical indicators and potential sectoral growth drivers.

The five recommended stocks are:

• Zen Technologies
• DLF
• Adani Green Energy
• BSE
• HDFC Bank

SAHI Research has highlighted Zen Technologies as a top pick, particularly due to its significant rally earlier in 2023, which saw the stock reach a record high of ₹2,627. Following this peak, profit-booking led to a correction, but the brokerage views this decline as a healthy adjustment that has cooled valuations.

The stock has recently formed a double-bottom pattern on the daily chart, indicating a bullish reversal. This formation suggests weakening selling pressure, and the accompanying increase in trading volumes adds credibility to the bullish outlook. Additionally, a bullish divergence in the daily Relative Strength Index (RSI) indicates improving momentum, even as prices tested lower levels. The stock has also reclaimed its key short-term daily exponential moving averages (DEMAs), suggesting a positive near-term trend.

• Buy Range: ₹1,700–1,740
• Stop-Loss: ₹1,580
• Target 1: ₹1,925
• Target 2: ₹2,030

DLF has been another focus for SAHI Research, particularly after it corrected from an all-time high of around ₹967 in April 2024. The stock has been trading within a falling channel during this period. Despite the price correction, the On-Balance Volume (OBV) has consistently risen, indicating accumulation by investors.

Over the past six months, DLF has traded in a narrow range, building a base before showing signs of a breakout this week. The recent price movement signals a potential end to the consolidation phase and a breakout from the falling channel that has developed over the past couple of years, suggesting a possible improvement in the medium-term trend.

• Buy Range: ₹710–720
• Stop-Loss: ₹620
• Target 1: ₹790
• Target 2: ₹880

Adani Green Energy has been recognized for its role in the renewable energy sector, which is expected to see significant growth in the coming years. The company has been expanding its portfolio and investing in new projects, positioning itself as a leader in sustainable energy solutions. The stock's performance has been closely tied to government policies promoting renewable energy, making it a compelling investment for the future.

The Bombay Stock Exchange (BSE) remains a critical player in the Indian capital markets. As trading volumes increase and new listings continue to emerge, the BSE is well-positioned to benefit from the growing interest in equity investments. The exchange's robust infrastructure and regulatory framework contribute to its attractiveness as an investment destination.

HDFC Bank, one of India's leading private sector banks, has consistently demonstrated resilience and growth. With a strong balance sheet and a focus on digital transformation, HDFC Bank is expected to continue its upward trajectory. The bank's ability to adapt to changing market conditions and its commitment to customer service make it a solid investment choice for the upcoming financial year.

The positive sentiment surrounding the stock market, combined with the auspicious occasion of Diwali, presents a unique opportunity for investors. As the Muhurat Trading session approaches, market participants are encouraged to consider the recommendations from SAHI Research and align their investment strategies accordingly. With the potential for growth in various sectors, the coming months could prove to be fruitful for those who act on these insights.

As investors prepare for the Muhurat Trading session, the insights provided by SAHI Research could serve as a valuable guide in navigating the market landscape for Samvat 2083.