Sensex Ends Diwali Muhurat Trading Lower for 8th Time in 30 Years
· Business · LiveMint, Economic Times
The Sensex closed 0.04% lower at 80,999.40 in Sunday’s Diwali Muhurat session, marking the eighth decline in three decades. Nifty 50 slipped 0.18% to 24,986.40, while NSE turnover rose to ₹23,374 crore, up from ₹19,714 crore a year ago. The session began at 2:15pm and ended at 3:30pm, with Ashish Kumar Chauhan ringing the bell at the exchange. Investors will see these trades reflected on Monday, the first day of Samvat 2083. Market experts see scope for a rebound but traders remain cautious about returns and volatility.
Why it matters
Only 300 people attended the event at the NSE, limiting retail participation, and the muted performance could affect sentiment for the new Samvat year, influencing investor confidence and trading volumes in the coming weeks. The rise in NSE turnover suggests some increased activity, yet the limited attendance may constrain market momentum, leaving investors wary of future volatility.
Read the original report — LiveMint
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