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Published 18:06 IST, November 1st 2024
Muhurat Trading 2024: Sensex up 350 points, Nifty surges 0.5% led by Auto stocks
Muruat Trading 2024 update: economic outlook, trading trends, and insights into how markets are moving in this special trading session for Diwali.
- Markets
- 1 min read
Muhurat Trading 2024: The domestic stock markets marked a positive start to the new trading year, Samvat 2081, during the annual Muhurat trading session on November 1, 2024. The traditional session, which aligns with Diwali, saw the benchmark indices—Sensex and Nifty—trading higher amid optimism across key sectors.
BSE's Sensex climbed by 480 points or 0.7 per cent, while NSE 's benchmark Nifty 50 gained nearly 130 points during thr first few minutes of the trade.
The market is being ked by strong gains in auto, realty, and banking stocks with all of the secyoral indices trading in green.
Traditionally, Muhurat trading is believed to bring prosperity and is a symbolic gesture marking the beginning of a new financial year in the Hindu calendar.
The 60-minute special trading session witnessed a strong upsurge, with gains driven by strong performance in banking, auto, and FMCG sectors.
Updated 18:11 IST, November 1st 2024
