Samvat 2079: Sensex up 524pts; logs best Muhurat-day gain in 10 years- QHN


Muhurat Trading session: The key benchmark indices started Samvat 2079 on a gung-ho note led by strong gains in financial and capital goods stocks. 

In Monday’s one-hour special trading session, the S&P BSE Sensex scaled a high of 59,994, and eventually settled 525 points higher at 59,832.

The NSE Nifty touched a high of 17,778, and ended with a solid gain of 154 points at 17,731.

In the process, the benchmark indices registered best-ever trading session on Muhurat day in the last 10 years.

Among the Sensex 30 stocks, Nestle India surged 3 per cent. ICICI Bank, Larsen & Toubro, SBI and HDFC twins were the major gainers. On the flip side, Hindustan Unilever shed 3 per cent. 

In the broader market, the BSE Midcap index was up 0.5 per cent, while the Smallcap index added a per cent. 

Sectorally, the BSE Bankex, Capital Goods and and Telecom indices were up over a per cent each. The FMCG index finished a tad in red.
 
Flashback Samvat 2078 – The benchmark Sensex and Nifty ended marginally lower for the first time since Samvat 2071. However, the highlight of the year was the resilience of domestic markets and their sharp outperformance to global peers. READ MORE

 

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