The Samvat 2075 came in as a big surpise for Indian markets which have been quite volatile since past few months. Today, in just few hours of Mahurat trading session, both Sensex and Nifty gained by 330 points or 100 points. The benchmark indices BSE and NSE conducted a over an hour Mahurat trading on Wednesday starting from 5.15pm till 6.30pm. 

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The practice of Mahurat trading in India, has been followed since ages, as it is considered as a good luck charm for investors to trade on Diwali with an aim it will drive their wealth to greater heights. As history says, that Indian markets have recorded more gains on Mahurat trading than losses in last decade. Sensex has actually been ended in positive in 10 out 13 last mahurat trading sessions since 2005. 

After the mahurat session today, the Sensex finished at 35,237.68 above 245.77 points or 0.70%, whereas the Nifty 50 completed at 10,598.40 up by 68.40 points or 0.65%. 

Top gainers on Sensex involved M&M taking lead spot ending at Rs 793.50 per piece up 1.97%, folllowed by Infosys at Rs 677 per piece up 1.53%, Tata Motors at Rs 195.10 per piece up 1.17%, Bajaj Auto at Rs 2699 per piece up by 1.16% and Hero Motocorp at Rs 2889.95 per piece up by 1.15%. 

There were barely any losers on Sensex index, however, companies like Bharti Airtel, SBI, Axis Bank and Adani Ports were least preferred as they ended slightly on negative note ranging from 0.08% to 0.34%. 

18:41 pm 

On Sensex, in consumer durables sector the gainers were - VIP Industries, Whirl Pool, Crompton Greaves, Blue Star, Symphony, TTK Prestige, Rajesh Exports, PC Jewellers and Titan surged in the range of 0.40% to 4%. 

Voltas was the sole lose in the sector down by 1.73%

18:38 pm

Under metal sector on Sensex, companies that gained were - Jindal Steel, NMDC, Vedanta, Tata Steel, SAIL, National Alumium, Coal India, Hindalco and JSW Steel rising between 0.11% to 2%. 

Only Hindustan Zinc was sole loser in the sector down by 0.665. 

18:34 pm 

Under realty sector on Sensex - Sunteck, Mahindra Lifespace, Indiabulls Real estate, Prestige, HDIL, Oberoi Realty and Godrej Properties gained in the range of 0.31% to 5%. 

It was only Sobha, Phoenix and DLF that found now love from investors as they slipped between 0.09% to 2%. 

18:28 pm 

In Karvy Stock Broking's view, We find ourselves in the optimistic camp in terms of our expectations for Samvat 2075. After the recent turmoil in financial markets, it is easy to be pessimistic. The macro outlook for India has certainly deteriorated somewhat compared to six months back; the outlook remains strong and gives us reason for optimism.

The agency adds, for Indian asset markets, the major trigger will be the upcoming general elections. We expect some nervousness in markets ahead of the elections. The results of the state elections next month will set the tone though we wouldn’t extrapolate the results to general elections as the Indian electorate can vote differently in state elections and general elections. 

Karvy's  expectation is that a reform oriented stable coalition is likely to assume power. If so, a relief rally can take markets forward.

18:18 pm

Among many stocks, the FMCG were also highly preferred by investors today on Nifty. Interestingly, there was one company which soared at such level that gains were over Rs 371 so far in trading session. 

Share price of Procter & Gamble Hygiene and Health Care was trading at Rs 9,839.95 soaring by Rs 361 or 3.81% on Nifty. 

Guess what! The company has already touched an intraday high of Rs 9,850 which leads overall gains by over 4% or Rs 371. 

If you would have invested in this share price last year in November month were it stood at all-time low of Rs 8,690 per piece, today you have made hefty gains. 

18:14 pm

List of stocks which were highly recommended by analysts. 

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17:05 pm

Those who understand the markets better always suggest to have a diverse portfolio. A balanced portfolio not only absorbs the volatility shocks but also gives a better return over the time. One step you can take to keep your portfolio diverse is to invest in commodities. In the year 2018, some commodities including Gold have even performed better than equity. 

"From Januar 2018 to till date, Gold gave 10% return as compared to equity. Commodity investment should be a part of one's portfolio to balance it at the time of fall in the equity market," said Anuj Gupta, Deputy Vice President - Research (Commodities and Currencies), Angel Broking Limited to ZeeBiz.com.