Positive Opening in Muhurat Trading Boosts Sensex and Nifty
Sensex and Nifty indices rose in the special Muhurat trading session due to a positive global market trend and buoyant banking and IT shares. The BSE Sensex climbed 186 points, marking a strong start for Samvat Year 2082. Most sectors showed gains during this auspicious Diwali trading session.
- Country:
- India
In a promising start to the new Samvat Year 2082, the Indian benchmark indices, Sensex and Nifty, climbed during the Muhurat trading session on Tuesday. Aided by buying in banking and IT sectors, Sensex rose 186.07 points to 84,549.44, while Nifty advanced 53.40 points to 25,896.55.
The trading session celebrated during Diwali, known as Muhurat trading, saw gains across the board, with Infosys, Tata Motors, and Axis Bank leading the way. Uplifted by a positive global market sentiment, all sectoral indices traded in positive territory including Industrials and Information Technology.
Asian markets followed suit with positive closes, and a strong overnight performance by US markets added to the optimistic outlook. The previous day, Sensex had already surged 411.18 points, further setting a bullish tone for the market.
(With inputs from agencies.)
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