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Diwali Muhurat trading 2024 highlights: BSE Sensex ends over 330 points up in Samvat 2081 opening session; Nifty50 at 24,300

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Diwali Muhurat trading 2024 highlights: BSE Sensex ends over 330 points up in Samvat 2081 opening session; Nifty50 at 24,300

Diwali Muhurat Trading 2024: Indian benchmark indices have demonstrated strong performance since the previous Diwali. (AI image)

Diwali Muhurat trading 2024

highlights: BSE Sensex and Nifty50, the Indian equity benchmark indices, kicked off Samvat 2081 with a positive show on Friday. While BSE Sensex crossed 79,700, Nifty50 was at 24,300. BSE Sensex ended the special one hour Muhurat trading session at 79,724.12, up 335 points or 0.42%. Nifty50 closed the day at 24,299.55, up 94 points or 0.39%.
The previous Samvat 2080 concluded on Thursday with significant gains – BSE Sensex increased by 14,484.38 points (22.31 per cent) and Nifty grew by 4,780 points (24.60 per cent).
During this period, investors saw their wealth increase by Rs 124.42 lakh crore, reaching Rs 4,44,71,429.92 crore ($5.29 trillion).
The one-hour Muhurat trading session, conducted by stock exchanges during Diwali, signifies the beginning of the new Samvat year and new accounting books for traders.

The Sensex maintained positive momentum throughout Friday’s special session, driven by strong performance in banking, auto, and oil & gas sectors. The index fluctuated between 80,023.75 and 79,655.55.
The NSE Nifty increased by 99 points (0.41 per cent) to 24,304.35, with 42 stocks showing gains and eight declining.
Among key performers, Mahindra & Mahindra led with a 3.29 per cent increase, followed by Adani Ports (1.26 per cent), Tata Motors (1.14 per cent), and Axis Bank (0.92 per cent). Other gainers included Nestle, NTPC, Reliance, ITC, Titan, Kotak Bank, Infosys, and TCS.

HCL Tech, Tech Mahindra, and ICICI Bank registered losses.
The broader markets showed strength with BSE Midcap rising by 0.69 per cent to 45,996.71 and BSE SmallCap gaining 1.16 per cent to reach 54,982.87.
Leading sectoral gains were BSE Auto (1.15 per cent), consumer discretionary (1.10 per cent), and oil & gas (0.91 per cent).
Global markets showed mixed results, with European shares rising while Asian markets largely declined. Japan’s Nikkei 225 fell 2.6 per cent, Shanghai Composite decreased 0.2 per cent, and South Korea’s Kospi dropped 0.5 per cent, while Hong Kong’s Hang Seng increased by 0.9 per cent.
FIIs sold shares worth Rs 5,813.30 crore on Thursday. The previous day saw Sensex fall by 553.12 points (0.69 per cent) and Nifty decline by 135.50 points (0.56 per cent).
October witnessed significant declines with BSE benchmark dropping 4,910.72 points (5.82 per cent) and Nifty falling 1,605.5 points (6.22 per cent).

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