Muhurat trading: Sensex gains 192 points; Nifty ends at 11,627

BSE Sensex

Benchmark documents shut in the green on the Muhurat Trading Day on Sunday with the BSE Sensex expanding 192.14 concentrations to close at 39,250.20 and the Nifty50 advanced 43.30 concentrations to end at 11,627.20. The Nifty Midcap document went up 0.6 percent and the Smallcap rundown skipped 1.2 percent. Around three offers grabbed for each offer falling on the BSE.

Farewell Motors, Vedanta, Infosys, M&M and ITC were top gainers while Bharti Infratel and Titan Company were the most prominent wastes of time. Muhurat trading on stock bourses indicating the beginning of Samvat 2076 started at 6.15 pm. During muhurat trading, the stock exchanges India open up for a one-hour promising trading session.

The possibility of Muhurat trading was started in 1957 on the BSE and in 1992 on the NSE. The muhurat trading session signifies the beginning of the new Hindu year upon the appearance of Diwali.

According to NSE, all trades executed muhurat trading session on Sunday will realize settlement duties. From the last Muhurat trading session, which was on November 7, 2018, the Nifty advanced 1,131.85 centers (10.75 percent) while Sensex expanded 4,306.47 centers (12.31 percent).

Over the latest ten years, the benchmark Nifty50 has failed to return more than 1 percent on Muhurat trading even once yet in 2008, the document went up as much as 6 percent.

Stock exchanges will remain shut on October 28 at the occasion of Diwali Balipratipada.

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