Domestic stock exchanges will observe the customary Muhurat Trading session on Sunday, 8 November, between 2:20 pm and 3:30 pm to welcome Samvat 2083. Ahead of the session, SBI Securities recommended 11 diverse equities positioned to benefit from falling oil prices, corporate earnings growth, and ongoing government reforms. The brokerage's top selections include Tata Steel, Indian Hotels Company, and Multi Commodity Exchange of India, with picks evaluated on prices recorded on 27 October 2026. Furthermore, IHCL's upside is bolstered by its asset-light expansion model and ₹4,369 crore in gross cash reserves recorded in September 2026.
Key points
Brokerage analysts anticipate a gradual market recovery driven by double-digit corporate…: Brokerage analysts anticipate a gradual market recovery driven by double-digit corporate earnings growth and crude oil remaining below $90 per barrel.
The recommended 11-stock portfolio spans critical segments such as engineering, power equ…: The recommended 11-stock portfolio spans critical segments such as engineering, power equipment, and consumer goods to leverage domestic reform momentum.
Multi Commodity Exchange of India was selected as a primary pick with an established targ…: Multi Commodity Exchange of India was selected as a primary pick with an established target price of ₹3,633 over its ₹3,187 level.
Sources checked by our analysis pipeline: 1
Diwali marks the beginning of a new chapter for India's stock market, with investors looking beyond short-term volatility to identify opportunities for wealth creation in the year ahead. The annual Muhurat Trading session, considered an auspicious start to the Hindu accounting year, offers market participants an opportunity to make symbolic investments as Samvat 2083 begins.
This year, the BSE and NSE will conduct a special one-hour Muhurat Trading session on Sunday, 8 November, coinciding with Lakshmi Puja. Continuous trading in the equity segment is scheduled from 2:20 pm to 3:30 pm, compared with the regular market hours of 9:15 am to 3:30 pm.
As investors prepare for the new Samvat year, SBI Securities has identified 11 stocks across sectors that it believes could offer opportunities for returns. The recommendations include Tata Steel, Multi Commodity Exchange of India (MCX) and Indian Hotels Company (IHCL), alongside companies in engineering, power equipment, electronics, industrial manufacturing and automotive components.
SBI Securities expects Indian equities to stage a gradual recovery in Samvat 2083 following a prolonged period of consolidation. A sustained decline in crude oil…
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