Nifty 50, Sensex Today: What to Expect From Indian Stock Market on Muhurat Trading Day — October 21, 2025

India's benchmark indices - Sensex and Nifty 50 - are likely to start the day positively today, October 21, during the special Diwali Muhurat trading session, supported by strong global cues and festive cheer.

The BSE and NSE have informed that the one-hour Muhurat trading session will take place from 1:45 PM to 2:45 PM, signifying the beginning of Samvat 2082, the new Hindu financial year. The major Indian exchanges - BSE, NSE, MCX, and NCDEX - would undertake this annual lucrative trading session collectively.

Market Overview

On Monday, Indian markets extended their winning streak for the fourth straight session.

Sensex surged 411.18 points (0.49%) to close at 84,363.37

Nifty 50 gained 133.30 points (0.52%), ending at 25,843.15

However, Gift Nifty remains closed today owing to the Diwali holiday.

Nifty 50 Outlook

The Nifty 50 formed a spinning top pattern on the daily chart, hinting at selling pressure at higher levels but maintaining overall bullish momentum.

• “The index has shown an uptrend continuation pattern with some volatility at the highs. The breakout above 24,500 is a strong positive sign,” said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.
• Shetti expects Nifty 50 to move towards 26,300 in the coming week, with immediate support around 25,700.
• Similarly, Sudeep Shah, Head of Technical Research and Derivatives at SBI Securities, noted that the index remains above its key moving averages — reinforcing bullish sentiment.
• “As long as Nifty holds above 25,700, it is likely to test 26,000 and possibly extend to 26,200 in the near term,” he added.
• Nilesh Jain, Head of Technical and Derivatives Research at Centrum Broking, observed that the formation of a Doji candle indicates temporary indecision but not weakness.
• “The structure remains positive. The next target is 26,000, with support near 25,600. Buying on dips remains the best approach,” he said.

Bank Nifty Outlook

• The Bank Nifty index increased by 319.85 points (0.55%) and closed at 58,033.20, which resulted in a formation of a bullish candle with little selling pressure at higher levels.
• According to Om Mehra, Technical Research Analyst at SAMCO Securities, “Bank Nifty is close to a short-term resistance zone around 58,300–58,400, but the trend is still strong.”
• He went on to explain the support exists in the range of 57,600–57,750 and that if the index manages to stay above 57,400 it could reach new highs.
• Hrishikesh Yedve, AVP–Technical and Derivatives Research at Asit C. Mehta Investment Intermediates, forecasts that the bullish sentiment will be there for a while though.
• “To the extent that Bank Nifty does not fall below 56,920, the upward movement may continue and take the index to the levels of 58,500–59,000,” Yedve said, suggesting that traders use a buy-on-dips approach.

The Festive Factor

With the onset of Diwali Muhurat trading, investor sentiment remains upbeat. Market experts believe that festive tailwinds and robust technical signals could fuel further gains, setting a strong tone for Samvat 2082.