IndiaMuhurat tradingSeasonal outlook 7 min read

Best Stocks to Buy for Samvat 2083? What the Data Shows

November 8, 2026

NSE and BSE hold their one-hour Muhurat trading session on Sunday, November 8, 2026, from 2:20 pm to 3:30 pm IST. It marks the start of Samvat 2083, the new year in the Hindu calendar, and many investors in India like to buy shares on this day. So which stocks have done best in a Samvat year? We tested it with 15 Samvat years of adjusted prices, from Samvat 2068 (which began at Diwali 2011) to Samvat 2082 (which ended this week), using the 50 stocks in the Nifty 50 today.

Each Samvat year is measured from the last close before one Muhurat session to the last close before the next. That is roughly what you would get by buying just before Muhurat and holding for one Samvat year.

How the Nifty 50 has done in each Samvat year

Samvat yearBeganNifty 50, full yearFirst 30 days
2068Oct 26, 2011+9.48%−9.28%
2069Nov 13, 2012+10.97%+2.95%
2070Nov 3, 2013+26.77%−1.67%
2071Oct 23, 2014−2.66%+6.02%
2072Nov 11, 2015+10.98%−2.22%
2073Oct 30, 2016+18.21%−5.74%
2074Oct 19, 2017+3.13%+0.71%
2075Nov 7, 2018+10.01%+1.55%
2076Oct 27, 2019+9.81%+3.92%
2077Nov 14, 2020+40.17%+6.59%
2078Nov 4, 2021−1.42%−3.55%
2079Oct 24, 2022+10.52%+3.93%
2080Nov 12, 2023+24.61%+7.62%
2081Nov 1, 2024+6.77%−0.31%
2082Oct 21, 2025−3.15%+1.35%

The Nifty 50 rose in 12 of 15 Samvat years, with an average gain of +11.61% and a median of +10.01%. The best was Samvat 2077, up 40.17% in the recovery after the Covid crash. The year that just ended, Samvat 2082, was the weakest: the Nifty fell from 25,843 to 25,030.

Is a Samvat year special? Not on this evidence. Across every 12-month period over the same years, starting on any trading day, the Nifty averaged +12.81% and rose 83% of the time. The Samvat years did about the same, slightly worse. The first 30 days after Muhurat averaged +0.79% and rose in 9 of 15 years, against +0.92% and 61% for any 30-day period. So there has been no reliable Diwali rally in the Nifty.

Nifty 50 stocks that rose in the most Samvat years

StockRose inMedian Samvat yearBeat the NiftySamvat 2082
ICICI Bank14 of 15+13.96%9 of 15+13.96%
Nestle India14 of 15+13.77%11 of 15+0.76%
Bajaj Finance13 of 15+57.87%11 of 15+1.24%
Apollo Hospitals13 of 15+19.90%12 of 15+5.71%
Bajaj Auto13 of 15+17.24%8 of 15+21.14%
HDFC Bank13 of 15+17.13%9 of 15−20.11%
Axis Bank13 of 15+11.43%8 of 15+7.99%
Hindustan Unilever13 of 15+11.03%7 of 15−21.58%
Mahindra & Mahindra13 of 15+9.49%7 of 15−7.71%

ICICI Bank and Nestle India rose in 14 of the 15 years. Apollo Hospitals also beat the Nifty in 12 of 15, as did JSW Steel and HCLTech. But look at the last column: HDFC Bank and Hindustan Unilever had their worst Samvat year in the one that just ended, each down about 20%. A long winning record didn’t protect them.

These results also flatter today’s Nifty 50 stocks. Companies join the index because they grew, so looking back at the current members leaves out the ones that fell away. The average current member rose in about 11 of 15 Samvat years, so 13 or 14 is less unusual than it looks.

The first month after Muhurat: IT stocks stand out

The full year mostly reflects how a company performed. The first month is closer to a true seasonal question: what usually happens straight after Diwali? This measures from the close before Muhurat to the close 30 days after it.

StockRose inAverageMedianWorstBeat the Nifty
Tech Mahindra12 of 15+5.26%+5.92%−3.09%11 of 15
Infosys11 of 15+2.79%+3.59%−9.06%12 of 15
JSW Steel10 of 15+3.10%+2.33%−13.78%10 of 15
Larsen & Toubro10 of 15+2.80%+2.83%−8.66%10 of 15
Bharti Airtel10 of 15+2.80%+2.75%−9.86%9 of 15
Bharat Electronics10 of 15+2.38%+3.14%−15.91%9 of 15
Kotak Mahindra Bank10 of 15+1.27%+1.97%−9.79%7 of 15
Tata Steel10 of 15+3.16%+1.18%−17.06%7 of 15

Tech Mahindra has the strongest post-Diwali record: up in 12 of 15 years, and never down more than 3.09%. Infosys beat the Nifty in 12 of 15. Treat this with care, though. A typical Nifty 50 stock rose in the first month only about half the time, so with 50 stocks, one or two would reach 12 of 15 by luck alone.

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Average year for Infosys over the last 15 years: it ends the year +14.9%, with its highest point around December 28 (+15.3%) and its lowest around April 25 (−5.7%). Each past year is rebased to 0% on January 1 and the years are averaged day by day. Rising stretches are when Infosys has tended to gain.

Seasonal windows starting in the next few weeks

The SeasonalityX Index Scanner looks for the strongest fixed calendar windows in each stock. These are the most consistent bullish Nifty 50 windows starting between November 9 and November 30, from 15 years of history (2011 to 2025):

StockWindowRose inAverageWorst
Apollo HospitalsNov 16 to Nov 2613 of 15+4.41%−4.51%
HindalcoNov 22 to Dec 213 of 15+3.70%−8.69%
Bharti AirtelNov 9 to Nov 1912 of 15+3.84%−2.83%
InfosysNov 21 to Dec 2112 of 15+3.53%−3.74%
Tech MahindraNov 30 to Dec 3012 of 15+3.66%−5.63%
Shriram FinanceNov 19 to Dec 912 of 15+3.81%−10.37%
Adani EnterprisesNov 23 to Dec 312 of 15+4.55%−9.60%

Hindalco and Apollo Hospitals have the most consistent windows, and Bharti Airtel’s has the smallest worst-year loss, −2.83%. IT shows up again: Infosys and Tech Mahindra appear in both tests, and TCS and HCLTech also have late-November to December windows that rose in 11 of 15 years. These windows were found by searching many start dates, which makes the best ones look stronger than they will in future.

So which stocks are best for Samvat 2083?

  • For the whole year, the Samvat start date hasn’t mattered. Stocks with long winning records, like ICICI Bank and Nestle India, most likely owe that to how their businesses grew, and that can change, as HDFC Bank and Hindustan Unilever showed in Samvat 2082.
  • For the weeks after Diwali, IT stocks, led by Tech Mahindra and Infosys, have the most consistent record. It’s a pattern worth watching, not a sure thing.
  • For the market as a whole, the Nifty 50 rose in 12 of 15 Samvat years, about the same as any 12-month period.
Reality check: 15 years is a small sample, and these lists use today’s Nifty 50 members, which flatters past results. Muhurat trading is a symbolic tradition, and there’s no evidence here that buying on Diwali gives you an edge. This article looks at history only. It isn’t a recommendation to buy or sell any stock.

See also what seasonality is, with examples and the best seasonal stocks for November.

Scan every Nifty 50 stock for its strongest seasonal windows.

Open the Index Scanner

Past seasonal performance does not guarantee future results. Win rates and average returns are historical base rates, not predictions. This is for informational purposes only and is not financial advice.

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