Sensex and Nifty end with marginal losses in Diwali Muhurat session
The special 70-minute trading session concluded on Sunday with the benchmark indices recording slight declines.
Indian stock market benchmarks closed the special 70-minute Muhurat trading session on Sunday with minor losses, according to the Hindustan Times. At 3:38 pm IST, the Sensex stood at 80,999.40, down 28.62 points or 0.04 per cent. The Nifty ended at 24,986.40, a decrease of 43.95 points or 0.18 per cent.
The special session was held on the occasion of Diwali to mark the start of the new Samvat year in the Hindu calendar. Muhurat trading is traditionally believed by investors to bring financial prosperity.
This session followed a strong performance on Friday, when the domestic markets recorded gains for the seventh consecutive trading session. On that day, the Sensex had climbed 1,718.01 points or 2.17 per cent to finish at 81,028.02, while the Nifty rose 493.75 points or 2.01 per cent to close at 25,030.35.
The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) managed the equity session, which included a block deal window from 1:50 pm to 2:05 pm. Regular trading on both exchanges ran from 2:20 pm until 3:30 pm.
The Multi Commodity Exchange (MCX) also held a special session for commodity and index contracts. The MCX main trading window operated between 2:20 pm and 3:30 pm, with client code modifications allowed until 3:45 pm.