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Muhurat Trading 2023: Sensex gains 355 points on 1st trading session

During the special Mahurat trading session on Sunday, both the benchmark stock indices, Sensex and Nifty, experienced a positive trend, closing higher by over half a percent. Investors engaged in widespread buying activities, contributing to the market’s upbeat performance. The 30-share BSE Sensex saw a notable increase of 354.77 points or 0.55%, concluding at 65,259.45. Among its 28 components, 28 settled in the green, marking a positive start to the first trading session of Samvat 2080.

The broader Nifty50 of the National Stock Exchange also saw gains, advancing by 100.20 points or 0.52% to settle at 19,525.55. Notably, sectors like IT, infra, and energy played a significant role in this upward movement. Out of the Nifty50 stocks, 43 closed in the green, while seven ended in the red.

Muhurat trading, a symbolic one-hour session conducted by Indian stock exchanges on Diwali, proved fruitful as investors witnessed a substantial increase in wealth, reflected in the total market capitalization of BSE-listed companies, which surged by over Rs 2 lakh crore. This positive momentum aligns with the auspicious nature of Diwali, a Hindu festival symbolizing new beginnings and investments.

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