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Relief rally in Indian markets as Samvat 2082 starts on positive note
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Indian markets ended slightly higher on Diwali Muhurat session, launching Samvat 2082 with a positive sentiment boost.
The special Diwali-day ‘Muhurat Trading’ session on October 21, signalling the start of the Hindu financial year Samvat 2082, saw Indian benchmark indices finish marginally higher. The Nifty 50 closed above 25,850 and the Sensex added about 63 points, despite a thin trading window. Sectoral gains were led by banking, auto and technology stocks. Analysts said the symbolic start and upbeat investor sentiment may set positive tone for the coming year, although liquidity remains light and broader participation may take time.