Diwali Muhurat Trading 2024 Updates: Indian stock market has started Samvat 2081. According to the Hindu calendar, Samvat 2081 is starting from today. Investors will have many opportunities to earn money and strengthen their portfolio in the new year. Traders, investors and brokers have started this new year today through Muhurat trading.
The market opened in the green on the day of Muhurat trading. The broader market has also seen a boom. The October sales figures of auto companies are showing a mixed effect. On the day of Muhurat trading, Nifty opened at 24293.45. At the same time, Nifty Bank opened at 51,553.9. Also, the Sensex also opened at 79,727.66 on this day.
During the early trading on this day, the names of M&M, BEL, Tata Motors, Adani Ports, ONGC were on the top of the list of Nifty's fastest stocks. At the same time, the names of Dr Reddy's Labs, Grasim and Apollo Hospitals were on the top of the list of Nifty's weakest stocks.
Veteran investor and BSE member, Ramesh Damani, in a special conversation with CNBC-Awaaz, said that there is a need to focus on themes related to public infrastructure. He said that this has been an important theme for the next 3 to 4 years. Apart from this, he will keep an eye on DPI and pharmaceuticals.
In Samvat 2080, the Indian market has shown strong fluctuations as well as strength many times. During this time, Nifty has shown a tremendous rise of 25% and Sensex 23%. Talking about the broader market, BSE Midcap and BSE Smallcap index have also shown a rise of up to 47%. This rise in the market has also raised hopes for the new Samvat.
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