From mint · Asit Manohar · · 1m 20s
Diwali Muhurat Trading 2026 Stock Picks
Ashok Leyland, Swiggy, and PNB could rise during Diwali Muhurat Trading 2026.
In brief
Ashok Leyland, Swiggy, and PNB could rise during Diwali Muhurat Trading 2026. Ganesh Dongre recommends buying Ashok Leyland, Swiggy, and PNB under ₹200 during Diwali Muhurat Trading 2026. Originally reported by mint.
Diwali Muhurat Trading 2026
The Indian stock market prepares for a 70-minute ceremonial session starting 2:20 PM on Sunday, 8 November 2026.
Historical Muhurat Trading Trend
Over the last decade, Nifty 50 and Sensex ended higher in eight straight sessions, with only two years ending lower.
Nifty 50 Technical Analysis
The Nifty 50 has recovered from 22,200, 22,500 support and moved above 23,200 and 24,700 resistance levels.
Key Nifty 50 Levels
The 24,700 level is critical for the Nifty 50, with 24,200 as the next support and 25,500, 25,600 as the next target.
Stock Recommendations
Ganesh Dongre recommends buying Ashok Leyland at ₹172, Swiggy at ₹191, and PNB at ₹126 with specific targets and stop losses.
Investment Strategy
A buy-on-dips strategy may remain favorable if the Nifty 50 holds crucial support levels.
Market Outlook
The Nifty 50 may see upside during Diwali Muhurat Trading 2026 as people buy on Diwali.
Historical Data
From 2006 to 2025, the Nifty 50 closed lower on five occasions: 2007, 2009, 2.000, 2016, and 2017.
The bottom line
Ganesh Dongre recommends buying Ashok Leyland, Swiggy, and PNB under ₹200 during Diwali Muhurat Trading 2026.
