Tag: Diwali Muhurat Trading

Sensex gains 355 pts on 1st session of Samvat 2080
Business

Sensex gains 355 pts on 1st session of Samvat 2080

Muhurat Trading 2023 highlights: Indian stock markets ushered in Samvat 2080 with solid gains as the benchmark indices clocked their second-best Muhurat trading gains in five years. Besides, it was their third-best Muhurat trading gain in 15 years. The S&P BSE Sensex ended the special one-hour session 355 points, or 0.55 per cent, higher at 65,259 levels, while the Nifty50 ended at 19,525, up 100 points or 0.52 per cent.  28 of the 30 Sensex stocks and 43 of 50 Nifty stocks closed with gains, led by Coal India, UPL, Infosys, Eicher Motors, Wipro, NTPC, Titan, TCS, Tata Steel, and Asian Paints.  In the broader markets, the Nifty MidCap 100 index gained 0.67 per cent and the Nifty SmallCap100 index added over 1 per cent. Among sectoral indices, the N...
Muhurat Trading 2023: What Should Be Your Trading Strategy This Diwali?
Business

Muhurat Trading 2023: What Should Be Your Trading Strategy This Diwali?

Samvat 2080 marks the beginning of a new Hindu year or Vikram Samvat. It is considered auspicious for stock market investors and marks a fresh start for them.Muhurat trading is a one-hour special trading session conducted on the day of Diwali and is considered auspicious for trading in the Indian financial markets. During this session, traders and investors participate in the stock market trading for a short period to seek blessings for prosperity in the coming year.Most Hindu investors take blessings of Goddess Laxmi by worshiping their books of account on eve of Diwali and start new account books for the next business cycle.Historical Performance: Muhurat Trading Days Make Diwali Happier For BullsIn the last 10 Muhurat trading days, Sensex has given positive returns eight times as both ...