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The transition from Samvat 2081 to Samvat 2082 was marked by a complex interplay of global headwinds, domestic policy shifts, and evolving investor sentiment. Indian equities delivered subdued returns, with large caps barely inching forward, while sectoral churn and mid-to-small cap volatility defined the broader market landscape. Despite external pressures, the resilience of domestic flows and selective sectoral strength kept the market afloat, setting the stage for cautious optimism in the year ahead.

Here are three stocks to buy during Muhurat trading this Samvat 2082, as recommended by Raja Venkatraman of NeoTrader.

BHARTIARTL: Buy above: ₹2,015 | Stop: ₹1,970 | Target: ₹2,170 (Multiday)

TVSMOTOR: Buy above: ₹3,660 | Stop: ₹3,580 | Target: ₹3,870 (Multiday)

MOTILALOFS: Buy above: ₹1,005 | Stop: ₹950 | Target: ₹1,095 (Multiday)

Samvat 2081 was a year of consolidation for Indian equities. The benchmark Nifty 50 rose by a modest 4.5–6.2%, a stark contrast to the post-pandemic rallies that saw gains exceeding 40%. The broader Nifty 500 index managed a 3.9% uptick, reflecting the narrow breadth of market participation. Notably, only about 4% of listed stocks surged over 50%, underscoring the selective nature of the rally.

The BSE Smallcap Index suffered a steep 15.5% decline, its worst performance in six Samvat years. This underperformance highlighted the risk-off sentiment among investors, particularly in the face of global volatility and stretched valuations. Midcaps fared slightly better but still lagged, with the Nifty Midcap 100 posting a flat to mildly positive return.

Precious metals, surprisingly, stole the spotlight—gold surged nearly 50% and silver rallied 60%, reflecting a flight to safety amid geopolitical tensions and inflation concerns.

Sector rotation was a defining theme in Samvat 2081. Defensive plays and policy-linked segments outperformed, while growth-oriented and export-driven sectors faced headwinds.

Conversely, sectors like IT, FMCG, and Energy faced pressure, declining between 4–14%. IT services were hit by global tech slowdown and margin compression, while FMCG struggled with input cost inflation and muted rural demand.

The first half of Samvat 2081 was turbulent. The Nifty 50 corrected nearly 16%, while broader indices fell deeper. Key drivers included:

However, the second half saw a turnaround:

Based on recent movements, NeoTrader’s Raja Venkatraman recommends three stocks that can be looked at during this year’s Muhurat trading.

BHARTIARTL: Buy above: ₹2,015 | Stop: ₹1,970 | Target: ₹2,170 (Multiday)

TVSMOTOR: Buy above: ₹3,660 | Stop: ₹3,580 | Target: ₹3,870 (Multiday)

MOTILALOFS: Buy above: ₹1,005 | Stop: ₹950 | Target: ₹1,095 (Multiday)

Samvat 2081 will be etched as a year of resilience and recalibration. Despite muted headline returns and sectoral divergence, Indian equities demonstrated strength through robust retail participation and policy support. The market absorbed global shocks—from trade wars to inflation—and emerged with a more balanced outlook.

As Samvat 2082 begins, investors are turning their gaze toward fundamentally strong sectors, earnings visibility, and domestic growth themes. While caution remains warranted amid global uncertainties, the groundwork for a more rewarding year appears to be in place.

The journey ahead will likely be shaped by earnings delivery, policy continuity, and retail investor conviction. For traders and investors alike, Samvat 2082 offers a fresh canvas—one that rewards discipline, selectivity, and a keen eye for emerging trends.

Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223.

Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors.

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.

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