MUMBAI– Indian equity markets ended slightly higher on Tuesday during the special one-hour Muhurat trading session, marking the start of the new Hindu calendar year, Vikram Samvat 2082. The session, held annually on Diwali, is viewed as a symbol of prosperity and a good omen for investors entering the new year.
The Sensex gained 62.97 points, or 0.07 percent, to close at 84,426.34, while the Nifty rose 25.45 points, or 0.10 percent, to settle at 25,868.60. Despite light volumes and brief phases of profit booking, both indices maintained their upward momentum, supported by firm investor sentiment and positive global cues.
“Technically, the structure remains bullish as long as Nifty sustains above 25,800, with 25,750 acting as immediate support. On the downside, 25,600–25,500 is a key support band, while a breakout above 26,000–26,300 could open the door to fresh lifetime highs,” analysts said.
The Bank Nifty closed marginally lower by 26 points, or 0.04 percent, at 58,007.20. However, the broader market showed strength, with the NSE Midcap 100 gaining 0.11 percent and the Nifty Smallcap 100 advancing 0.52 percent.
Top gainers on the Sensex included Bajaj Finserv, Infosys, Axis Bank, Tata Steel, Power Grid, and Bajaj Finance. Kotak Mahindra Bank, HCL Technologies, ICICI Bank, Maruti Suzuki, and Asian Paints were among the notable laggards.
Sectorally, Nifty Auto, IT, Metal, Pharma, Energy, and Oil & Gas indices ended with mild gains, while Nifty Bank, PSU Bank, and Realty indices saw minor declines.
All major exchanges — BSE, NSE, MCX, and NCDEX — participated in the special session, which featured block deals between 1:15 p.m. and 1:45 p.m., followed by pre-open and regular Muhurat trading from 1:45 p.m. to 2:45 p.m.
Market experts described the session as a positive and symbolic start to Samvat 2082, reflecting optimism and resilience in India’s stock markets despite global economic uncertainties. (Source: IANS)
