Diwali Muhurat Trading 2023: The Indian equity market on Sunday traded with strong gains in the special one-hour Muhurat trading session, marking the beginning of the Hindu Samvat Year 2079 on an auspicious note. The BSE Sensex opened 514.30 points higher at nearly 65,430, and later settled to close at 354.77 points up at 65,259.45.
The NSE Nifty also opened about 100 points up at 19,524.95 and after an hour of trade closed 100 points higher at 19,525.55.
During the trade, among the 30 Sensex shares, Infosys rose the most by 1.41 per cent, followed by Wipro (0.88 per cent), Asian Paint (0.78 per cent), and TCS (0.77 per cent). NTPC, Titan, Reliance Industries, Larsen & Toubro, HDFC Bank and Nestle were also among the lead gainers.
Broader markets also advanced with the BSE MidCap gaining 217.21 points or 0.67 per cent and BSE SmallCap by 437.32 points or 1.14 per cent. All the sectoral indices were trading in positive territory led by industrials, IT, metal and services indices.
On the auspicious occasion of Diwali Muhurat trading, we have the key dignitaries Mr. Michael Schreuder- Deputy Principal officer, US Consulate General Mumbai, Padma Shri. Milind Kamble – Chairman of IIM Jammu and the joyous team of Khichdi (Shri. Jd Majethia, Shri. Aatish… pic.twitter.com/MMbuXUIX1L— NSE India (@NSEIndia) November 12, 2023
In the pre-open market deal which opened at 6:00 pm till 6.08 pm, the Sensex was up by nearly 600 points at nearly 64,600, while the NSE Nifty also jumped 186 points.
The stock market on Sunday opened for an hour for Diwali muhurat trading at 6:15 pm and ended after one hour at 7:15 pm.
However, the pre-open market session took place between 6:00 pm and 6:08 pm on the BSE and the NSE.
Matching timings on the muhurat trading session were from 6:08 pm to 6:15 pm. Trade modification in the call auction ends at 7:40 om. All trades executed at the Indian stock market in Diwali 2023 muhurat trading session shall result in a settlement obligation.