'Muhurat' trading 2019: Sensex up over 200 points

NEW DELHI: Equity indices on Sunday started ‘Muhurat’ trading session on a positive note with the benchmark BSE sensex rising over 200 points. Sensex surged 220 points or 0.57 per cent to 39,279 while the broader NSE Nifty stayed above the 11,600-mark.

Top gainers on the BSE platform include Tata Motors, Yes Bank, Infosys, Vedanta, ITC and Tata Steel. On NSE, all sub-indices were trading in green.

‘Muhurat’ means auspicious in Hindi, and many traders believe gains made during this session bring prosperity and wealth in the year ahead.

On the occasion of Diwali, stock exchanges hold the ‘muhurat’ trading, one-hour session, which is considered auspicious to mark the beginning of the Hindu calendar year, called ‘Vikram Samvat’. This year is the starting of Samvat 2076 which will end on the eve of next year’s Diwali.

Stock markets will remain closed on Monday (October 28) on account of Diwali Balipratipada. Trading will resume on Tuesday (October 29).

The Bombay Stock Exchange (BSE) has been organising ‘muhurat’ trading since 1957 whereas, the National Stock Exchange (NSE) started it in 1992.

Both the key indices had closed Hindu calendar year Samvat 2075 with smart gains. Sensex rallied 4,066.15 points or 11.62 per cent, while the Nifty soared 1,053.90 points or 10 per cent in Samvat 2075.

Prohibida la reproducción parcial o total.  Todos los derechos reservados de Rubicon, Global Trade, Customs & Business Partnership, S.C., del Autor y/o Propietario original de la publicación.  El contenido del presente artículo y/o cualquier otro artículo, texto, boletín, noticia y/o contenido digital, entre otros, ya sea propio o de tercero alguno, publicado en nuestra página de internet u otros medios digitales, no constituye una consulta particular y por lo tanto Rubicon, Global Trade, Customs & Business Partnership, S.C., sus colaboradores, socios, directivos y su autor, no asumen responsabilidad alguna de la interpretación o aplicación que el lector o destinatario le pueda dar.

Share on facebook
Share on twitter
Share on linkedin

Deja un comentario

Close Menu
error:
es_MXSpanish
en_USEnglish es_MXSpanish