Indian Markets Kick Off Samvat 2082 with Positive Momentum in Muhurat Trading
Indian equity markets began Samvat 2082 positively during the Muhurat trading session. The Sensex rose 270 points at opening, while the Nifty briefly crossed 25,900. Largecap stocks led gains, with Infosys up 0.90%, HDFC Bank 0.60%, and Mahindra & Mahindra 0.70%. Banking, IT, and Auto sectors showed modest gains. 23 out of 30 Sensex stocks traded in green. This follows a strong pre-Diwali week where Nifty 50 gained 1.68%. Analysts suggest future market direction will depend on corporate earnings and US rate cycle developments.
*this image is generated using AI for illustrative purposes only.
Indian equity benchmarks started Samvat 2082 on a bullish note during the special Muhurat trading session, with largecap stocks leading the charge. The market's positive sentiment was evident as the Sensex surged 270 points at the opening bell, while the Nifty briefly surpassed the 25,900 mark.
Market Movers
The session saw widespread gains across various sectors:
| Company/Sector | Performance |
|---|---|
| Infosys | 0.90% |
| HDFC Bank | 0.60% |
| Mahindra & Mahindra | 0.70% |
| Banking Sector | Modest gains |
| IT Sector | Modest gains |
| Auto Sector | Modest gains |
Other notable performers included Reliance Industries, ICICI Bank, and TCS, all trading higher during the session. The positive trend was further emphasized by the fact that 23 out of the 30 Sensex stocks were trading in the green.
Recent Performance
The market's upbeat start to Samvat 2082 follows a strong performance in the previous week. The Nifty 50 had registered a gain of 1.68%, marking one of its most robust pre-Diwali performances in recent years.
Looking Ahead
Market analysts suggest that the future trajectory of the market may be influenced by two key factors:
- The evolution of corporate earnings
- Developments in the US rate cycle
These elements are expected to play crucial roles in shaping investor sentiment and market direction in the coming sessions.
The positive start to Samvat 2082 reflects investor optimism, but as always, market participants should remain vigilant and consider multiple factors when making investment decisions.
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