Sensex rises 354 points in Muhurat trading, Nifty crosses 19,500

Mumbai, November 12 (Language) Major stock indices Sensex and Nifty closed with a gain of more than half a percent in the special auspicious trading session on Sunday.

In the first trading session of Samvat 2080, the 30-share BSE Sensex closed 354.77 points or 0.55 per cent higher at 65,259.45.

NSE Nifty closed 100.20 points or 0.52 per cent higher at 19,525.55 led by gains in IT, infrastructure and energy stocks.

During this period, investors’ wealth increased by more than Rs 2 lakh crore.

During the entire Samvat Year 2079 ended on Friday, BSE Sensex rose 5,073.02 points or 8.47 per cent, while Nifty gained 1,694.6 points or 9.55 per cent.

During the Muhurta trading session, Infosys gained the most by 1.41 percent. Apart from this, there were significant gains in Wipro, Asian Paints, TCS, HDFC Bank, ICICI Bank, Reliance Industries, ITC, Kotak Bank and Asian Paints.

Among the Sensex companies, only UltraTech Cement and Sun Pharma remained in loss.

BSE Midcap gained 0.67 percent and BSE Smallcap gained 1.14 percent.

The token trading session was held between 6 pm and 7.15 pm.

This session also marks the beginning of a new era. Trading in ‘Muhurat’ or auspicious time is believed to bring prosperity to the stakeholders. The Hindu calendar year starts from Diwali, which is called Samvat.

Market analysts say that Diwali is considered the ideal time to start anything new. Investors are said to benefit throughout the year by trading during this session.

Stock markets will remain closed on 14th November on the occasion of Diwali Balipratipada.

Bhasha Pandey


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