Diwali Muhurat Trading 2024 Highlights: The special one-hour Muhurat trading session as part of the celebrations for Diwali 2024 ended on a positive note with the indices posting stable gains. Most indices ended in the green with the Auto Index being the stand-out performer.
The Nifty closed at 24,300 up 95 points while Sensex shut at 79,724 up 335 points. The Mid- and Small-cap indices clocked nearly a per cent gain each. The market breadth is biased towards advancing stocks with auto being the star of the session.
The Muhurat trading provides investors the opportunity to embark new investment journey with the onset of the new Samvat year. Goddess Laxmi is traditionally considered the Goddess of Wealth and traders consider it auspicious to kick start the new year with her blessings and undertake token trade.
Diwali Muhurat Trading 2024 Highlights November 1 BSE NSE Top Shares to Pick Diwali Trading
Muhurat Trading 2024 Live Updates: Bourses to conduct one-hour trading session
The stock exchanges will be conducting a one-hour special trading session on November 01. Investors can place bets in various segments such as equities, futures and options, currency derivatives, etc. on the auspicious day of Deepawali 2024.
Diwali Muhurat Trading 2024 Live Updates: Axis Securities on Samvat 2080
“Samvat 2080 has proven to be a remarkable period for the Indian equity market, marked by the continuous achievement of new milestones each quarter. Notably, our benchmark index, the Nifty 50, reached the historic milestone of 26,216 on September 26, 2024, for the first time ever. This achievement has propelled the Indian market capitalization to surpass the $5 Trillion mark, positioning it as the fourth largest market globally. This represents a significant success for the Indian equity market in recent times. Since last Diwali, the equity market has experienced a broad-based rally, with the Nifty 50 delivering returns of 25% (as of October 22, 2024). Meanwhile, the broader Midcap and Smallcap indices surged by 37% and 36%, respectively,” said Axis Securities in a note.
Muhurat Trading 2024 Live Updates: Anand Rathi picks six stocks this samvat
Anand Rathi Research picked a total of six stocks to invest in Samvat 2081. The brokerage firm chose Interglobe Aviation, Power Grid, Mahindra & Mahindra, Tejas Networks, Data Patterns, and KRN Heat Exchanger.