Markets begin Samvat 2077 on a positive note, indices gain 0.4%

Buying shares on muhurat day is considered auspicious by some market participants

Samvat 2077 started on a positive note for the equity markets with the benchmark Sensex ending the ceremonial one-hour-long trading session with a gain of 195 points on Saturday. The Sensex ended the session at 43,638, a 0.45 per cent gain, while the Nifty 50 index ended with a gain of 0.47 per cent, or 51 points, to end at 12,770. Amongst Sensex stocks, Bharti Airtel was the best performing stock and rose 1.2 per cent.

"Positive sentiments on account of recent rally, continued FPI inflows and impact of gain in US markets overnight led to modest gains in Indian