Muhurat Trading Session: Gains Seen Amidst Market Resilience

In the Muhurat Trading session, Indian benchmark indices closed slightly higher, with Nifty at 25,868.60 and Sensex at 84,426.34. Market experts noted a positive outlook for Samvat 2082. Key gainers included Cipla and Bajaj Finserv, while Kotak Mahindra Bank and others faced losses. Experts predict a stronger market performance ahead.

Indian benchmark indices, Nifty and Sensex, closed slightly higher during the special Muhurat Trading session, marking the onset of Samvat 2082. The Nifty ended around 25,868.60, while the Sensex settled at 84,426.34, as broader markets like the BSE Midcap and Smallcap indices saw significant gains.

Despite facing a year filled with external challenges, market analysts predict a promising outlook for the new Samvat year, characterized by a structured and enduring upside. Ajay Bagga, an expert in banking and markets, highlighted the brighter prospects of Samvat 2082, forecasting Nifty to reach 30,000 by the next Diwali.

The Muhurat Trading session, steeped in tradition, attracts substantial trading volumes. This auspicious occasion involves diverse market segments and is believed to bring prosperous returns. The past year saw market volatility due to geopolitical factors, though domestic indicators like GDP growth and inflation showed improvement.

(With inputs from agencies.)