Muhurat Trading 2024 HIGHLIGHTS: Sensex ends 335 pts higher, Nifty50 reclaims 24,300 as market enters Samvat 2081
Muhurat Trading HIGHLIGHTS Samvat 2081 Nifty 50: Domestic equity benchmarks rose about half a percentage point each in a special, one-hour trading session-called the Muhurat trading session-on Friday, November 1. Catch highlights of the Muhurat trading session along with market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com.
Muhurat Trading HIGHLIGHTS: Domestic equity benchmarks rose about half a percentage point each as the market entered Samvat 2081 in a special, Muhurat trading session on Friday, November 1. This special session—known as the Muhurat trading session—marked the beginning of Samvat 2081, a new year in the Hindu tradition, which follows the Vikrami Samvat lunar calendar. Multitudes of traders and investors consider it auspicious to grab quality stocks on this date.
Both bourses announce the Muhurat trading timings separately every year depending on the 'Muhurat', which is a specific timing based on planetary alignments.
Catch highlights of the Muhurat trading session held on November 1, along with market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com:
Latest Updates
Muhurat Trading Session 2024 | Sensex ends 335 pts higher at 79,724, Nifty50 settles at 24,304 as market enters Samvat 2081 on a positive note
Here's where the indices stand at the closing bell:
- Sensex up 335.1 points, or 0.4 per cent, at 79,724.1
- Nifty50 up 99 points, or 0.4 per cent, at 24,304.4
Muhurat Trading Special | Market guru Anil Singhvi shares 5 Diwali picks; do you have these stocks in your portfolio?
Zee Business Managing Editor Anil Singhvi has shared five 'buy' calls on the special occasion of Diwali.
These are:
- Buy HDFC Bank shares for targets of Rs 1,900, Rs 2,100 and Rs 2,200
- Buy Sequent Scientific shares for targets of Rs 325, Rs 400 and Rs 500
- Buy EPAC Durables shares for targets of Rs 500, Rs 650 and Rs 800
- Buy ABFRL shares for targets of Rs 450 and Rs 600
- Buy Aarti Industries shares for targets of Rs 685, Rs 850 and Rs 1,000
Muhurat Trading Stock Market LIVE | Financial, auto, energy, IT stocks lead gains on D-Street
All sectoral gauges on NSE as well as BSE continue to hold on firmly to green territory.
Image: Niftyindices.com
Muhurat Trading Special Session LIVE | Crisil, Fortis, Jubilant Pharma, 3 other BSE 500 stocks hit 52-week highs
Security Name LTP 52-Week High Previous 52-Week High (Price/Date) CRISIL 5,448.90 5,523.95 5,500.00 (31 Oct 2024) FORTIS 636.4 649.95 631.00 (31 Oct 2024) JUBLPHARMA 1,255.20 1,277.00 1,247.00 (16 Sep 2024) POLYMED 3,014.05 3,030.00 2,977.55 (31 Oct 2024) PPLPHARMA 283.05 284.35 274.80 (31 Oct 2024) SUVENPHAR 1,326.00 1,333.65 1,324.00 (31 Oct 2024) Muhurat Trading LIVE | M&M, Bharti Airtel, HDFC Bank, Tata Motors, ITC among top Sensex movers
Take a look at some of the top contributors to the rise in the 30-scrip index:
Image: BSEIndia.com
Muhurat Trading LIVE Update | Except Grasim & DRL, all Nifty50 stocks enjoy gains as market enters Samvat 2081
- M&M jumps nearly 3%, top blue-chip gainer
- BEL, Eicher Motors & Tata Motors up around 1.5% each
- ONGC, NTPC, Titan, Trent, Bajaj Auto, Tata Steel, Hero MotoCorp & Bajaj Finserv also among top gainers
Muhurat Trading Share Market LIVE Update | All Sectors in the green; Nifty PSU Bank soars 1%
Index Current level Change (%) NIFTY PSU BANK 6,795.55 1.04 NIFTY METAL 9,407.15 0.86 NIFTY OIL & GAS 11,433.35 0.76 NIFTY PRIVATE BANK 25,404.70 0.73 NIFTY BANK 51,799.25 0.63 NIFTY FMCG 59,574.20 0.63 NIFTY PHARMA 22,852.35 0.51 NIFTY FINANCIAL SERVICES 24,004.25 0.49 NIFTY MEDIA 2,028.30 0.46 NIFTY IT 40,582.90 0.43 NIFTY HEALTHCARE INDEX 14,483.15 0.38 Muhurat Trading 2024 LIVE: Sensex gains over 500 pts to cross 79,900, Nifty50 surpasses 24,350 amid broad-based buying
Just like a typical Muhurat trading session, the bulls are continuously supporting the market, reflected in strong buying across sectors.
All sectoral indices are in the green on NSE.
Muhurat Trading LIVE Update | Nifty 50, Sensex enter Samvat 2081 on a strong note
Sensex jumps over 400 pts, Nifty comes within 9 pts of 24,350
Ready for special market action in Muhurat trading from 6 pm today? Market guru is banking on 5 spaces in Samvat 2081
Zee Business Managing Editor Anil Singhvi expects five sectors to do wonders on Dalal Street:
- Textile to retail
- Chemicals
- Capital market-related stocks
- Big banks from private & public sectors
- Renewable energy-related stocks
Muhurat trading starts in less than 1 hour; market guru Anil Singhvi has three long-term picks for your portfolio
Zee Business Managing Editor Anil Singhvi suggests going long in Cipla through an SIP on every 7 per cent fall.
The D-Street wizard has placed his targets for the pharma stock at Rs 1,700, Rs 1,900 and Rs 2,200, suggesting upside of as much as 41.6 per cent.
READ MORE HERE | Market guru Anil Singhvi's 'Diwali Offer': 2 largecap, 1 smallcap scrips for up to 70% potential upside
Share Market News | Samvat 2080 rewarded bulls with gains across segments
More than 420 stocks rose in the Nifty 500 space, with GE T&D India, Inox Wind, MOFSL, Netweb Tech and ABB Power being the top gainers.
The stocks rewarded investors with returns to the tune of 3-4.5 times each.
Nifty Midcap 100 rallied 38%
Nifty Smallcap 100 rallied 39%
Samvat 2080 HIGHLIGHTS | Did your favourite blue-chip stocks rewarded you between Diwali 2023 and Diwali 2024?
In the 50-blue-chip basket, except five, all stocks clocked gains in the year that began on Diwali last year.
- Trent, BEL and Bajaj Auto were the top gainers
- The Tata group stock rallied 186%
- The PSU stock more than doubled investors' money with a 105% return
- Shares in the Pulsar motorcycle maker gave a return of 82%
Muhurat Trading Share Market News | Nifty 50 exited Samvat 2080 in style
Here are some other takeaways from Samvat 2080:
- Nifty IT rallied almost 32%
- PSU banks led gains in the BFSI basket
- Nifty PSU Bank rallied 33.8%
- Nifty Financial Services—aimed at capturing the performance of the entire BFSI space—gained 22%
- Nifty Private Bank gained 10.5%
Muhurat Trading Update | Nifty 50 exited Samvat 2080 in style with 24.5% rally
As the bulls prepare for the upcoming Muhurat trading session today, take a look at some of the key highlights of Samvat 2080:
- Nifty50 raced 4,755.5 points, or 24.5%
- Sensex gained 14,484.4 points, or 22.3%
- Nifty50 gyrated in a range of almost 6,950 points—between 19,329.5 and 26,277.4—during Samvat 2080.
- Among NSE's sectoral gauges, the Nifty Realty rallied the most, growing 51 per cent in Samvat 2080.
- Excluding Nifty Media, all sectoral gauges enjoyed gains
- Nifty Healthcare & Nifty Pharma pharma surged 47% each
- Besides, the Nifty Auto, Oil & Gas, Metal and Consumer Durables indices rallied between 38 er cent and 44 per cent during the lunar year.
Muhurat Trading Session Today | How long is the session? Does it last for the same duration every year?
Usually, the Muhurat trading session lasts for about an hour.
The timings of Muhurat trading are devised every year based on the lunar Vikram Samvat calendar.
However, last year, Muhurat trading took place from 6 pm to 7:15 pm on November 12.
This year, the session will last exactly one hour, until 7 pm.
What is Muhurat Trading and why is it conducted every year?
It is a special trading session on the day of Diwali, which marks the New Year as per the Vikram Samvat calendar—also known as the Vikrami calendar.
Typically, this session is scheduled between mid-October and mid-November every year depending on planetary positions among key factors.
The special Muhurat trading session has its roots in Hindu tradition and culture, where Diwali is considered an auspicious occasion to make new beginnings and seek blessings for prosperity.
Muhurat Trading Timings | Check out the complete timetable of the special session
Both exchanges have shared details of the timings separately.
Muhurat Trading Timings: Trading to take place from 6 pm to 7 pm on BSE & NSE today
Both stock exchanges BSE and NSE announce the timings each year in the run-up to the festive season.
In this special session, trading will take place for 60 minutes from 6 pm to 7 pm on both bourses following a 15-minute pre-opening session.
Special Muhurat Trading Session | Are you prepared?
It is that time of the year when investors prepare their playbooks for the special Muhurat trading session on Dalal Street as the country prepares for Diwali (also known as Deepavali).
Analysts and investors prepare their strategies weeks before the symbolic session.
This year, the session will mark the beginning of Samvat 2081.
Welcome to 2024 Muhurat Trading Blog
Follow this space to learn everything about the special trading session scheduled to take place from 6 pm to 7 pm on BSE and NSE.
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