Business · Markets · 1 day ago
Nifty closes below 25,000 as Indian markets open Samvat 2083
Indian markets opened Samvat 2083 with a special Diwali trading session on Sunday, November 8.
The Nifty 50 fell 43.95 points to 24,986.40, while the Sensex lost 28.62 points to 80,999.40.
The declines ended a seven-session winning streak, though most stocks on the BSE rose and pharma and media shares gained more than 1%.
The session followed an 8.58% weekly rise in the Nifty, its strongest since February 2021, but came after a difficult Samvat 2082, when the index fell about 10.88%.
Foreign investors sold heavily as domestic mutual funds bought shares, helping support the market through the downturn.
Analysts described the small fall as a pause after the rally, while warning that returns may be modest and that oil prices and interest rates remain risks.
India’s Nifty 50 closed below 25,000 during the Muhurat Trading session marking the start of Samvat 2083.
The index fell 43.95 points, or 0.18%, to 24,986.40, while the Sensex eased 28.62 points to 80,999.40.
The one-hour session on Sunday ended a seven-session winning streak for the benchmark indices.
Pharma and media led sectoral gains, each rising more than 1%.
A market analyst described the decline as a pause after a strong rally rather than a change in the underlying trend.
- Who
- India’s Nifty 50 and Sensex benchmarks.
- What
- The Nifty fell below 25,000 and the Sensex also closed lower during Muhurat Trading.
- When
- Sunday, November 8, 2026.
- Where
- Indian stock exchanges, including the NSE and BSE.
- Why
- The sources describe a cautious session following a sharp rally; they do not state a single specific cause for the decline.
This story does not have two clearly opposing sides.
The Nifty gained 8.58% in the week ending this date, its strongest weekly performance since February 2021.
NSE and BSE held a special Muhurat equity trading session from 2:20 pm to 3:30 pm.
The Nifty closed at 24,986.40 and the Sensex at 80,999.40.
- Nifty 50 close
- 24,986.40, down 43.95 points or 0.18%
- Sensex close
- 80,999.40, down 28.62 points or 0.04%
- Trading session
- One hour on Sunday, November 8, 2026
- Top sector gainers
- Pharma and media, each up more than 1%
- Market breadth
- 3,253 BSE stocks advanced and 947 declined
3 sources
What people are saying
Today’s session is better viewed as healthy digestion rather than a shift in the underlying trend
Nobody should invest all their money or borrow to invest.