Diwali Muhurat Trading 2023: Nifty 50 jumps 100 points; Sensex closes at 65,259

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BSE Midcap index rose 0.67 per cent while the Smallcap index clocked a robust gain of 1.14 per cent. The overall market capitalisation of the BSE-listed firms rose to nearly ₹322.5 lakh crore from nearly ₹320.3 lakh crore in the previous session, making investors richer by about ₹2.2 lakh crore on Muhurat Trading 2023. Shares of Infosys, Wipro, Asian Paints and TCS ended as the top gainers in the Sensex index while only two stocks - Sun Pharma and UltraTech Cement - ended in the red in the 30-share pack.

In the Nifty 50 index, shares of Coal India, UPL, Infosys and Eicher Motors ended as the top gainers. On the flip side, shares of Britannia, Sun Pharma and Apollo Hospital ended as the top losers in the Nifty 50 pack. As many as 43 stocks ended higher in the Nifty 50 index.

All sectoral indices ended higher on Muhurat Trading. Nifty IT jumped 0.72 per cent while Metal and Realty indices rose 0.6 per cent each. Nifty Bank closed 0.40 per cent higher at 43,996.65.

Also Read: ‘Diwali 2023: Market outlook positive for Samvat 2080; several midcaps, smallcaps available at reasonable prices’ Experts are positive about the domestic market for Samvat 2080 owing to India's robust macroeconomic outlook. Pranav Haridasan, MD & CEO of Axis Securities pointed out that the Indian economy currently finds itself in a sweet spot of growth and is well-poised for continued resilience in the face of global challenges. Haridasan believes Samvat 2080 will be quite a fascinating year to watch out for the global economy.