The 30-share BSE Sensex jumped 194.98 points or 0.45% to close at a record 43,637.98. Intraday, it reached its historical maximum of 43,830.93.
National equity benchmarks rose to record highs on Saturday as investors built new positions in Muhurat’s special trading session to usher in the Hindu Samvat’s year 2077.
The 30-share BSE Sensex jumped 194.98 points or 0.45% to close at a record 43,637.98. Intraday, it reached its historical maximum of 43,830.93.
Along similar lines, the broader NSE Nifty advanced 60.30 points, or 0.47%, to finish at its all-time high of 12,780.25. It touched an intraday record of 12,828.70 during the session.
In Kitty Sensex, prominent winners were Bharti Airtel, Tata Steel, Sun Pharma, Bajaj Finserv, ITC, Infosys, HDFC Bank and ONGC, with an increase of up to 1.17%.
Only four components closed in the red: PowerGrid, Titan, UltraTech Cement and Bajaj Finance, which lost as much as 0.32%.
Brokers said buying activity gained momentum when investors opened their new books in the first session of Samvat 2077.
All EEB sectoral indices finished in the green, led by oil and gas, telecommunications, industry, real estate, technology and energy.
A similar trend was observed in the larger markets, with the EEB small-cap index rising 0.84% and the mid-cap indicator gaining 0.62%.
National markets hold a special one-hour Muhurat trading session on Diwali each year to mark the beginning of the traditional Hindu year, called ‘Vikram Samvat’.
In the previous Samvat 2076, the BSE Sensex gained 4,384.94 points or 11.22%, while the Nifty was up 1,136.05 points or 9.80%.
The BSE and the NSE will be closed on Monday (November 16) on the occasion of ‘Diwali Balipratipada’
Meanwhile, foreign institutional investors (FII) bought net shares worth 1,935.92 crore on Friday, while domestic institutional investors sold for a sum of 2,462.42 crore, according to interim exchange data.
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