Business
Muhurat Trading 2025 Live Updates: Special One-Hour Market Session Today; RIL, HDFC Bank, SBI In Focus
Diwali Muhurat Trading 2025 Time Live Updates: The special one-hour Muhurat trading session on both the BSE and the NSE will take place between 1:45 pm and 2:45 pm on October 21, with a pre-opening session from 1:30 pm to 1:45 pm, as per exchange notifications. The new session also ushers in Vikram Samvat 2082, the Hindu New Year that begins on Diwali. Traditionally, trading during the ‘Muhurat’ session, the auspicious hour, is believed to bring prosperity and financial growth to investors.
According to official schedules, all trades executed during the Muhurat session will carry regular settlement obligations, meaning delivery and payment duties for buyers and sellers will be settled as on any normal trading day.
V K Vijayakumar, chief investment strategist at Geojit Investments Ltd, said, “The important takeaway from Samvat 2081 is India’s huge underperformance. Even though there are many reasons, including Trump tariffs, for this underperformance, the single major factor is the sharp decline in India’s earnings growth to 5 per cent in FY25 from average 24 per cent during the three years before that. Since ‘in the long run, the market is a slave of earnings’ the major trend, going forward, will depend on how earnings growth pans out. The fiscal and monetary reforms implemented this year has started showing results.”
Particularly, the sales of automobiles and white goods have shot up early this festive season and, if this trend sustains, earnings growth will be good at around 8 per cent to 10 per cent in FY 26, accelerating to around 15 per cent in FY27. If this expectation materialises, the market will rally in Samvat 2082 compensating for the underperformance of Samvat 2081. In the short run the market may get a leg up from a possible India- US trade deal, but the long-term trend will be dictated by earnings growth, he added.
Muhurat trading is a long-standing Diwali tradition first introduced by the Bombay Stock Exchange (BSE) in 1957, and later adopted by the National Stock Exchange (NSE) in 1992.
Historically, brokers performed Chopda Pujan, a ritualistic worship of account books, during this auspicious hour to mark the beginning of the new financial year with prosperity and good fortune.
Technical View
Rupak De, senior technical analyst at LKP Securities, said, “The market started with a gap-up (in the previous session on Monday) and remained volatile throughout the day. On the higher end, Nifty touched a high of 25,926 before closing around 25,850. Though there was some profit-taking at higher levels, the overall sentiment is likely to remain strong, with the potential to reach 26,000-26,200 in the short term. The technical setup remains positive as long as the index stays above 25,700, below which it may move back into consolidation.”
Business
Heineken to boost British pubs with £44 million investment before World Cup
Heineken has announced a substantial investment exceeding £44 million into hundreds of its pubs across the UK, a move expected to create approximately 850 jobs.
The Dutch brewing giant’s Star Pubs operation, which manages 2,350 sites nationwide, is undertaking this significant financial commitment despite a challenging period for the pub sector.
The industry has faced considerable pressure over the past year, grappling with escalating labour costs and increases in national insurance contributions.
Concurrently, consumer spending has been constrained by concerns over inflation and rising unemployment, further impacting pub revenues. However, pubs did receive additional business rates support from the government last month, aimed at alleviating some of these financial burdens.
Lawson Mountstevens, managing director of Star Pubs, indicated that the investment strategy is partly designed to bolster revenues and help the group navigate the recent “sustained increases in running costs”.
This year, £44.5 million will be allocated to upgrades for 647 pubs. A notable 108 of these venues are earmarked for particularly significant cash injections, with each transformation costing at least £145,000.
Heineken clarified that while the majority of its pubs are group-owned, they are independently operated by local licensees. A key focus for this investment, particularly in the lead-up to the 2026 football World Cup, will be on sports-focused venues.
The pub firm and brewer has a history of significant investment in British pubs, having pumped £328 million into the sector since 2018. Work has already commenced at 52 locations, including eight projects dedicated to reopening boarded-up pubs that have endured lengthy closures.
Mr Mountstevens also urged the government to reduce the tax burden on pubs, arguing it would ease cost pressures and foster further job creation within the industry.
He stated: “We can only do so much; the root-and-branch reform of business rates that the industry has been calling for over many years is urgently required, as well as a lowering of the burden of taxation on pubs, including VAT and beer duty.”
He concluded with a direct appeal: “We are calling on the Government to support us in bringing out the best in the Great British pub.”
Business
GameStop makes $55.5bn takeover offer for eBay
GameStop’s boss Ryan Cohen says he sees potential to make eBay a much bigger rival to Amazon.
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Business
US denies Iranian report warship was struck by missiles
It comes as the US said on Monday it will begin to help “guide” vessels out of the Strait of Hormuz.
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