The benchmark Sensex rose 335.06 points or 0.42 percent to settle at 79,724.12 during a special Muhurat trading session on Friday, starting the new Samvat 2081 on a high note.
Stock exchanges BSE and NSE held a special Muhurat trading session on Friday from 6:00 PM to 7:00 PM to mark the beginning of the new Samvat year 2081.
In the latest Samvat 2080, which ended on Thursday, the BSE Sensex rose 14,484.38 points, or 22.31 percent, and the Nifty climbed 4,780 points, or 24.60 percent.
Investor wealth rose by ₹124.42 lakh crore to ₹4,44,71,429.92 crore ($5.29 trillion) during the period.
Muhurat trading is a symbolic one-hour trading session held by stock exchanges on the occasion of Diwali and marks the beginning of the new Samvat year and new traders’ accounts.
On Friday, Sensex opened on a high note and remained in positive territory during the special session on buying banking, auto and oil and gas stocks.
The index moved between a high of 80,023.75 and a low of 79,655.55 during the session.
NSE’s 50-issue Nifty rose 99 points, or 0.41 percent, to close at 24,304.35. As many as 42 Nifty stocks ended higher, while eight stocks closed at a loss.
Among the major Sensex gainers, Mahindra & Mahindra rose the most at 3.29 percent. Adani Ports gained 1.26 percent, Tata Motors 1.14 percent and Axis Bank 0.92 percent.
Nestle, NTPC, Reliance, ITC Titan, Kotak Bank, Infosys and TCS also won.
HCL Tech, Tech Mahindra and ICICI Bank were the losers.
The broader markets also advanced, with BSE Midcap rising 0.69 percent, or 317.72 points, to 45,996.71. The BSE SmallCap gained 1.16 percent or 639.73 points to settle at 54,982.87.
BSE Auto (1.15 percent), Consumer Discretionary (1.10 percent) and Oil & Gas (0.91 percent) were among the top sectoral gainers.
Meanwhile, global markets were mixed as European shares rose in early trading. Most Asian markets closed with losses.
Japan’s Nikkei 225 fell 2.6 percent, the Shanghai Composite fell 0.2 percent and South Korea’s Kospi lost 0.5 percent. Hong Kong’s Hang Seng index rose 0.9 percent.
