Samvat 2079: Sensex up 525pts; logs best Muhurat-day gain in 14 years

Muhurat Trading Session Wrap: Financial shares led by ICICI Bank, HDFC twins top gainers chart. Nestle, L&T also up smartly, while Hindustan Unilever sheds 3 per cent.

5:55 PM

SGX Nifty quotes near 17,900, up over 300 points

Source: Investing.com

5:47 PM

What five factors will drive markets in Samvat 2079?

Analysts expect Samvat 2079 to bring in greater volatility, at least in the near future, on account of deterioration in global macros and uncertainties prevailing in western economies. READ MORE

5:45 PM

US markets end with solid gains on Friday

Dow Jones rallied 750 points. The S&P 500 and Nasdaq too jumped 2.4 per cent each following media reports that the US Fed may shift to smaller interest rate hikes after November.

Source: Yahoo Finance

5:40 PM

What five factors will drive markets in Samvat 2079?

Analysts expect Samvat 2079 to bring in greater volatility, at least in the near future, on account of deterioration in global macros and uncertainties prevailing in western economies. READ MORE

5:39 PM

ITC, HDFC Bank: Stocks brokerages are betting on for a cracker Samvat 2079

HDFC Bank, ITC, VIP Industries, United Spirits among host of stocks recommended by leading brokerages for Samvat 2079. READ MORE

5:27 PM

10 of 13 key commodities dip in Samvat 2078 after hitting multi-year peak

Samvat 2078 dashed hopes for most industrial commodities, with prices of metals, crude oil and natural gas falling sharply. Many of these had seen a good build up in prices since mid- to late-2020s, and hit a multi-year peak in 2022. But, geopolitics, the Russia-Ukraine war, China slowdown and a strong US dollar have weighed on the prices in recent times. READ MORE

5:26 PM

Samvat 2078: Record-breaking year for IPOs but outlook turns cloudy

Samvat 2078 proved to be a record-breaking year as far as fundraising through an initial public offering (IPO) is concerned. Despite the turmoil in the secondary market, the year witnessed two of India’s largest IPOs. READ MORE

5:23 PM

Samvat 2078: A year of India's stock market outperformance to global peers

In absolute returns, Samvat 2078 was a letdown. The benchmark Sensex and Nifty ended marginally lower — the first year of negative returns since Samvat 2071. However, the highlight of the year was the resilience of domestic markets and their sharp outperformance to global peers. READ MORE

5:17 PM

Live trading for Samvat 2079 to begin at 06:15 PM

Good Evening readers! Stay tuned for live market updates for the Muhurat trading sessions with Business Standard.

 

Stay tuned for all the live market action and more!

Less than 15 minutes before close, NSE and BSE announced they were extending trading hours from 3:45pm to 5pm.