Strong buying in midcap and smallcap during Muhurta trading, shares of these companies including Bajaj Finserv rose.

By Khanderao Deshmukh

Published on:


Muhurat Trading: On the occasion of Diwali, a special session of Muhurta trading was organized in the stock market. In this session, both Sensex and Nifty indices closed with a rise. Investors started the new Samvat year 2082 with a positive attitude. Sensex gained 62.97 points, while Nifty 50 registered a rise of 25.45 points. Today Sensex closed at 84,426.34 and Nifty 50 index closed at 25,868.60 points. The stock market will remain closed tomorrow on the occasion of Diwali Padwa.

Strong buying was seen in midcap and smallcap shares during Muhurta trading. Nifty Midcap closed at 59,409.55 with a gain of 65.05 points and Nifty Smallcap closed at 18,300.65 with a gain of 94.50 points. In the sectoral index, Nifty IT closed at 35,299.75 with a rise of 7.15 points. However, Nifty Bank recorded a decline of 26 points and closed at 58,007.20. Today, investors’ buying focused on media, metal and pharma stocks, while a slight decline was seen in realty and pharma sectors.

Who benefited the most in Muhurat trading?

During Muhurta trading, the maximum rise was seen in the shares of Bajaj Finserv. This share closed at ₹ 2163.15 with a rise of 1.11%. Infosys shares registered a gain of 0.72% and reached ₹1472. Axis Bank shares closed sharply at ₹1234. Mahindra & Mahindra gained 0.60% and Tata Motors gained 0.55% to close at ₹401.90. HDFC Bank shares rose 0.40% to ₹1007.30. Power Grid closed 0.38% higher at ₹288.80, while L&T closed 0.34% higher at ₹3887. Apart from this, shares of Adani Ports, BEL, State Bank of India, Sun Pharma and Tech Mahindra also saw a rise.

Which stocks fell in Muhurta trading

A slight decline was recorded in some major stocks during Muhurat trading. Reliance Industries shares fell 0.11% to close at ₹2146.15. ITC shares also declined by 0.11% and closed at ₹412.50. Shares of UltraTech Cement fell 0.21% to close at ₹12,310. Apart from this, a slight decline was also seen in the shares of Asian Paints, TCS, Bharti Airtel, Maruti Suzuki, ICICI Bank, HCL Tech and Kotak Mahindra Bank.

Also read: This step of US will now bring a bigger crisis on Indian companies, warns American rating agency Moody’s.

Khanderao Deshmukh

Khanderao Deshmukh aims to guide job seekers by delivering accurate, timely, and easy-to-understand information, helping them secure stable government careers.

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