- By Talibuddin Khan
- Fri, 01 Nov 2024 08:22 PM (IST)
- Source:JND
Sensex Muhurat Trading Updates: The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) held their annual Diwali Muhurat Trading session on Friday, celebrating the symbolic start of the new Hindu calendar year, Samvat 2081. The hour-long session saw investor enthusiasm, as the Sensex gained 335 points, or 0.42 per cent, to settle at 79,724.12 while Nifty rose 99 points, or 0.41 per cent, to close at 24,304.35. As many as 42 Nifty stocks ended higher while eight shares closed with losses, starting the new Samvat 2081 on a high note.
Muhurat trading is a special one-hour trading session held by stock exchanges to celebrate Diwali, symbolizing the beginning of the new Samvat year. This tradition marks the opening of new accounting books by traders for the upcoming year. The ritualistic bell-ringing ceremony at the NSE was performed by actors Rashi Khanna, Riddhi Dogra and Vikrant Massey.
#WATCH | 'Muhurat Trading' and bell ringing ceremony at National Stock Exchange (NSE) in Mumbai, Maharashtra.
On this occasion, the star cast of 'The Sabarmati Report' - Raashii Khanna, Riddhi Dogra and Vikrant Massey joined the ceremony. pic.twitter.com/yUOU2yazgh
— ANI (@ANI) November 1, 2024
The day’s trading kicked off with a pre-market session from 5:45 to 6 pm and ran until 7 pm, covering segments like equity, commodity derivatives, currency derivatives, and equity futures & options. In the last Samvat 2080, which ended on Thursday, the BSE Sensex jumped 14,484.38 points or 22.31 per cent, and the Nifty climbed 4,780 points or 24.60 per cent. Investors' wealth rose Rs 124.42 lakh crore during the period to Rs 4,44,71,429.92 crore (USD 5.29 trillion).
Diwali Muhurat Trading: Sensex Top Gainers
Among Sensex stocks, Mahindra & Mahindra rose by 2.66%, followed by Adani Ports (1.42%) and Tata Motors (1.35%). Other stocks that advanced included NTPC, Axis Bank, Titan, IndusInd Bank, Tata Steel, HDFC Bank, Reliance Industries, and Bharti Airtel.
Diwali Muhurat Trading: Nifty Top Gainers
Out of 50 stocks on the Nifty index, 47 ended in the green, underscoring broad-based buying during this festive session. The top gainers included:
| Stocks | Percentage Gained |
| M&M | 3.59 |
| ONGC | 2.95 |
| Adani Ports | 1.32 |
| BEL | 1.30 |
| TATA Motors | 1.09 |
Meanwhile, global markets were mixed as European shares rose in early trade while most Asian markets closed with losses. Japan's benchmark Nikkei 225 dropped 2.6 per cent, the Shanghai Composite slipped 0.2 per cent and South Korea's Kospi lost 0.5 per cent. Hong Kong's Hang Seng index added 0.9 per cent.
On Thursday, BSE Sensex tumbled 553.12 points, or 0.69 per cent, while NSE Nifty fell 135.50 points, or 0.56 per cent. In October, the BSE benchmark index fell sharply by 4,910.72 points or 5.82 per cent, and the Nifty tumbled 1,605.5 points or 6.22 per cent.
(With Agency Inputs)
