Muhurat Trading 2026: Tata Steel, Sun Pharma, BSE among top gainers as Nifty 50, Sensex swing between gains and losses
BSE moved higher in a quarterly results development.
· LiveMint Markets, NDTV Profit, Economic Times Markets, ET Stocks, Business Standard Mkts, Business Today Mkts
Tata Steel led gains during Muhurat Trading, rising 2.5% after reporting a 16% year-on-year increase in Q2 net profit. Sun Pharma gained 1.5% for a fourth straight session, while Tata Motors Passenger Vehicles climbed 1.2%.
The analysis
BSE reported movement of 16%, 2.5% and 1.5%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +2.4% on the day at ₹186.30, and has returned -1.6% over three months. It sits 16% below its 52-week high. The metals & mining sector has moved -8.0% over the same period, so Tata Steel is running 6.4 points ahead of its peers.
For Tata Steel, the question is how much of this is already reflected in the price and how much re-rates the metals & mining peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The 3 companies named span 3 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 2 of 3 are higher: Tata Steel leads at +2.4% and Tata Motors Passenger Vehicles trails at -0.6%.
- Over three months: Tata Steel -1.6% against Metals & Mining -8.0% (6.4 points ahead); Sun Pharmaceutical -4.7% against Pharma & Healthcare +1.4% (6.1 points behind); Tata Motors Passenger Vehicles -15.4% against Auto -6.3% (9.1 points behind).
- At least 25% below the 52-week high: Tata Motors Passenger Vehicles (29%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Tata SteelTATASTEEL · Metals & Mining | ₹186.30 | +2.4% | +4.3% | -1.6% | -15.8% | 1.5× | — |
| Sun PharmaceuticalSUNPHARMA · Pharma & Healthcare | ₹1,860.00 | +1.7% | +3.1% | -4.7% | -7.1% | 1.1× | — |
| Tata Motors Passenger VehiclesTMPV · Auto | ₹292.00 | -0.6% | +2.2% | -15.4% | -28.9% | 0.9× | — |
Metals & Mining
1M -3.6% · 3M -8.0%
Tata Steel
Pharma & Healthcare
1M +3.0% · 3M +1.4%
Sun Pharmaceutical
Auto
1M +2.6% · 3M -6.3%
Tata Motors Passenger Vehicles
Prices as of 6 Nov 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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