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2 min read | Updated on October 31, 2024, 16:44 IST
SUMMARY
Happy Muhurat Trading 2024: It is believed that trading during the special session 'Muhurat', which means auspicious, brings prosperity and financial growth.
Muhurat Trading on Deepawali (November 1) will be held between 6 pm and 7 pm.
The bourses said in separate circulars that the special trading session on Deepawali will be held between 6 pm and 7 pm.
It is believed that trading during the special session 'Muhurat', which means auspicious, brings prosperity and financial growth.
According to market analysts, the emphasis during the Muhurat trading may be less on profitability and more on the gesture.
In Samvat 2080, markets gave commendable returns to investors. The NSE NIFTY50 index hit an all-time high of 26,277, and SENSEX touched a peak of 85,978.
However, both indices, entered a corrective phase, majorly propelled by foreign institutional investor (FII) outflows.
On Thursday, BSE SENSEX and NSE NIFTY closed in red, dragged by relentless foreign fund outflows and losses in IT stocks.
Falling for the second consecutive day, SENSEX tumbled 553.12 points to end at 79,389.06. The NIFTY closed 0.56% lower to 24,205.35.
From the NIFTY pack, Infosys, ICICI Bank, Tata Consultancy Services, Reliance, and HCL Technologies were the biggest laggards.
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