From The Times of India
Center Owned by Bennett, Coleman & Co.Gold, Muhurat trading & big business: The economics of Diwali and how they've changed
What's behind this
During the special Diwali Muhurat trading session on November 8, benchmark Indian equity indices showed mixed outcomes. One report said the Sensex fell 28.62 points (0.04 %) to 80,999.40 and the Nifty also slipped, with banking and IT stocks weighing on sentiment. Another source noted the indices closed flat, with the Sensex just below 81,000 and the Nifty under 25,000. Yet other reports described the Sensex gaining 250–402 points and the Nifty rising 79 points, driven by buying in Sun Pharma, Tata Steel and ICICI Bank. The session marked the start of Samvat 2083.
AI-generated overview from 14 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
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left · 4 outlets
Indian benchmark indices Sensex and Nifty opened strong during the special Diwali Muhurat trading session, marking the beginning of Samvat 2083 on a bullish note.
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center · 7 outlets
Mumbai: Benchmark indices Sensex and Nifty started the special Muhurat trading session on a bullish note on Sunday, supported by buying in blue-chips such as Sun Pharma, Tata Steel and ICICI Bank. Continuing the prevailing bullish trend in the equity market, the 30-share BSE Sensex jumped 401.80…
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right · 5 outlets
Indian stock markets opened for a special Muhurat Trading session on Sunday, November 8, as investors marked the beginning of Samvat 2083, the Hindu financial year. The National Stock Exchange (NSE) and the BSE will conduct the annual session on the auspicious occasion of Diwali. The one-hour…
— ABP Live
RSS excerpt
Diwali presents a vital chance for Indian families to reassess their financial strategies and explore new investment avenues. While traditional customs like gold purchases prevail, there is also a surge in modern investment tools such as mutual funds and stocks. Additionally, this festival signals a…