Muhurat trading: Sensex, Nifty jump to lifetime highs

The 30-share index was trading higher by 380.76 points, or 0.88%, at 43,823.76 in the first few minutes of trade.

Market benchmark BSE Sensex rallied 381 points to a fresh lifetime high in the opening trade of the special Muhurat session on Saturday to mark the beginning of Hindu Samvat year 2077.

The 30-share index was trading higher by 380.76 points, or 0.88%, at 43,823.76 in the first few minutes of trade.

Similarly, the broader NSE Nifty surged 117.85 points or 0.93% to its new record of 12,808.65.

All BSE sectoral indices were in the green, led by telecom, capital goods, industrials and finance.

Brokers said buying activity gathered momentum as investors opened their books on the first session of Samvat 2077.

Major gainers in the Sensex pack were Bajaj Finserv, IndusInd Bank, Tata Steel, Bharti Airtel, L&T, Axis Bank and ITC, spurting up to 1.93%.

However, NTPC, PowerGrid and Nestle India slipped up to 0.77%.

Meanwhile, foreign institutional investors (FIIs) net bought shares worth ₹ 1,935.92 crore on Friday, while domestic institutional investors sold to the tune of Rs 2,462.42 crore, as per provisional exchange data.


Disclaimer: This post has not been edited by our staff and is published from a syndicated feed. The Original Source of this post can be found at Source link


Please enter your comment!
Please enter your name here


HTLS 2020: The Covid-19 pandemic and the shift in domestic politics

Since the outbreak of the Covid-19 pandemic, a considerable commentary has ensued on its impact on geopolitics, on economics...

Ahmed Patel — A quintessential backroom strategist

If Pranab Mukherjee was the visible troubleshooter for the UPA, ‘AP’ was the crisis manager who firmly remained in the background. Rajya Sabha member and...

States share plan on Covid-19 vaccine distribution

States informed Prime Minister Narendra Modi on Tuesday that they are getting ready for the distribution of Covid-19 vaccine with a proper cold chain...

Senior Congress leader Ahmed Patel dies due to multiple organ failure

The announcement of his demise was made by his son Faisal Patel. Senior Congress leader and party treasurer Ahmed Patel (71) passed away on Wednesday...

More Articles