Indian shares gain despite Diwali trading decline; investors pocket ₹2 lakh crore

India's benchmark indices declined during the traditional Diwali muhurat trading session, yet investor sentiment remained resilient with portfolio valuations finishing in the green. The auspicious one-hour trading window, held on the occasion of Diwali, witnessed modest selling pressure across the market.

Despite the downward movement in broader indices, investors collectively generated approximately ₹2 lakh crore in wealth gains during the session. The divergence between index performance and overall investor gains reflects selective strength in certain market segments during the festive trading window.

Several individual stocks demonstrated significant outperformance, with at least one security surging over 20 percent during muhurat trading. This sharp rally underscored selective buying interest in specific counters even as the broader market faced selling headwinds.

The muhurat trading tradition, observed on Diwali evening, holds cultural significance in Indian markets and is believed to bring prosperity for the trading year ahead. The session's positive wealth creation, despite index declines, suggests investor confidence remained intact entering the post-Diwali trading period.