Markets · Breaking
Tata Steel and Sun Pharma lead gains during the special trading session
Originally reported by LiveMint Markets as: Muhurat Trading 2026: Tata Steel, Sun Pharma, BSE among top gainers as Nifty 50, Sensex swing between gains and losses
8 Nov 2026, 2:50 pm IST · Xecute.finance News Desk
The crisp read
Tata Steel rose 2.5 percent following a 16 percent year-on-year increase in second-quarter net profit. Sun Pharma gained 1.5 percent in its fourth consecutive session of advances. Meanwhile, Tata Motors Passenger Vehicles climbed 1.2 percent as indices fluctuated between gains and losses.
Deep dive - the full story
During the special trading session, Tata Steel led the advancing stocks by rising 2.5 percent after posting a 16 percent year-on-year increase in second-quarter net profit. Sun Pharma added 1.5 percent to mark its fourth consecutive session of gains, while Tata Motors Passenger Vehicles moved up by 1.2 percent. The broader market benchmarks, including the Nifty 50 and the Sensex, fluctuated between positive and negative territory throughout the session. Festive special trading sessions, historically known as Muhurat Trading, mark the beginning of the Hindu calendar year (Samvat) and carry symbolic value for market participants.
While institutional volumes are traditionally lower during these abbreviated sessions due to the holiday, retail investors closely observe individual stock movements as indicators of festive sentiment. Equities often react to recent quarterly earnings announcements, such as profit growth reported by large manufacturing firms, alongside sector-specific developments for pharmaceutical and automotive companies. Investors and financial professionals should review individual stock performance against their quarterly earnings reports rather than drawing broad macroeconomic conclusions from holiday sessions.
Monitor upcoming corporate filings and trading volumes when regular market operations resume to assess sustainable trends. Bottom line: Use festive trading movements as background context rather than making immediate portfolio decisions.
Source: livemint.com
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