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Sensex & Nifty fall in Muhurat trade for first time since 2017

· Business · Economic Times, Indian Express

Indian benchmark indices closed marginally lower during the special Diwali Muhurat trading session in Mumbai, marking their first decline on the festive holiday since October 2017. The Sensex fell 28.62 points to close at 80,999.40, while the Nifty dropped 43.95 points to end at 24,986.40. Despite the muted festive opening for Samvat 2083, broader markets outperformed as the BSE MidCap index rose 0.4% and the SmallCap index gained 1.33%. Foreign institutional investors have recorded net purchases of $3.6 billion in November, helping ease annual outflow pressures.

Why it matters

Retail sentiment during Muhurat trading sets the psychological tone for equity investments and market participation across India in the new Samvat year.

Read the original report — Economic Times

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