Sensex rises by 354 pts, Nifty closes above 19,500 in Mahurat session – Newz9

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Sensex rises by 354 pts, Nifty closes above 19,500 in Mahurat session – Newz9

MUMBAI: Benchmark inventory indices Sensex and Nifty closed larger by greater than half a per cent in the particular Mahurat buying and selling session on Sunday pushed by throughout-the-board shopping for by traders. The 30-share BSE Sensex rose by 354.77 factors or 0.55 per cent to shut at 65,259.45 with 28 of its parts settling in the inexperienced on the primary buying and selling session of Samvat 2080.
The broader Nifty50 of the National Stock Exchange superior 100.20 factors or 0.52 per cent to settle at 19,525.55 led by beneficial properties in IT, infra and power shares. As many as 43 Nifty50 shares ended in inexperienced whereas seven in purple.
Muhurat buying and selling is a one-hour, symbolic buying and selling session carried out by Indian inventory exchanges on Diwali, a Hindu competition thought-about auspicious for brand new beginnings, together with investments.
Buyers flooded Dalal Street on the big day of Diwali, propelling benchmark indices larger regardless of the decrease quantity, marking a robust begin to Samvat Year 2080.
Investors’ wealth soared by over Rs 2 lakh crore, as mirrored in the entire market capitalization of BSE-listed firms.
During the Samvat 12 months 2079 ended on Friday, the BSE Sensex jumped 5,073.02 factors or 8.47 per cent, whereas the Nifty climbed 1,694.6 factors or 9.55 per cent.
Among the Sensex shares, Infosys rose probably the most by 1.41 per cent, adopted by Wipro (0.88 per cent), Asian Paints (0.78 per cent), and TCS (0.77 per cent).
HDFC Bank, ICICI Bank, Reliance Industries, ITC, Kotak Bank, Asian Paints, NTPC and Titan had been among the many lead gainers.
Ultratech Cement and Sun Pharma had been the one losers amongst Sensex corporations.
Broader markets additionally superior with the BSE MidCap gaining 0.67 per cent and BSE SmallCap by 1.14 per cent.
All the sectoral indices closed with beneficial properties.
Foreign Portfolio Investors (FPIs) promoting spree continued as they dumped Indian fairness price over Rs 5,800 crore this month to date on rising rates of interest and geopolitical tensions in the Middle East.

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