Diwali Muhurat Trading 2023 LIVE Updates: Sensex ends 355 pts higher, Nifty above 19,500 Live

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Diwali Muhurat Trading 2023 LIVE Updates: Investors’ wealth increased by 2.3 lakh crore during the special trading session

Diwali Muhurat Trading Highlight
Diwali Muhurat Trading Highlights


Diwali Muhurat Trading 2023 LIVE Updates: Indian stock markets rang in Samvat 2080 with impressve gains. The Sensex and Nifty recorded one of their best muhurat trading sessions in recent years.

The BSE Sensex ended the special one-hour session up 355 points, or 0.55%, at 65,259, while the Nifty50 gained 0.51% or 98 points to close at 19,523.

12 Nov 2023, 07:24:42 PM IST

Diwali Muhurat Trading 2023 live updates: Sensex ends 355 points up, Nifty gains 100 points; all sectors in the green

The Sensex jumped 354.77 points or 0.55% to 65,259.45 while the Nifty rose 100.20 points 0.52% to 19,525.55, marking one of the best Diwali muhurat trading sessions in recent years.

12 Nov 2023, 07:14:29 PM IST

Diwali Muhurat Trading 2023 live updates: Samvat 2080 kicks off with a bang; investors richer by ₹2.3 lakh crore


12 Nov 2023, 07:08:12 PM IST

Diwali Muhurat Trading 2023 live updates: ONGC hits all-time high after net profits rises 142% in Q2

ONGC shares hit a new all-time high of ₹199.70 after reporting a142% increase in net profit during Q2. On a sequential basis, however, profit was down 4.77%.

12 Nov 2023, 06:58:11 PM IST

Diwali Muhurat Trading 2023 live updates: Coal India stock hits seven-year high after Q2 results

Coal India has been one of the biggest winners during the mahurat trading session, with its share price gainig up to 4.1%. On Friday the company reported a strong performance during the September quarter, clocking a 9.85% rise in revenue and a 12.51% increase in profit year-on-year.


12 Nov 2023, 06:51:32 PM IST

Diwali Muhurat Trading 2023 live updates: BSE shares jump 8% on 4x increase in Q2 profit

Shares of BSE Ltd jumped 7.8% to a record high of ₹2,168.5 on NSE after the company reported a four-fold increase in net profit to ₹118.4 crore for the September quarter.


12 Nov 2023, 06:45:57 PM IST

Diwali Muhurat Trading 2023 live updates: Realty, IT lead Nifty winners


12 Nov 2023, 06:25:54 PM IST

Diwali Muhurat Trading 2023 live updates: Indices gain big on opening

Sensex rose more than 350 points while Nifty gained 100 points, with every sector in the green. Infosys was up more than 1%.



12 Nov 2023, 06:11:13 PM IST

Diwali Muhurat Trading 2023 live updates: Sensex up 600 pts in pre-market trading, Nifty up nearly 200 pts

Both indices surged more than 1% in pre-market trading.

12 Nov 2023, 05:53:35 PM IST

Diwali Muhurat Trading 2023 live updates: Markets may react to Moody’s downgrade of US credit rating outlook

Moody’s on Friday changed the outlook on the government of United States of America’s ratings from ‘stable’ to ‘negative’, citing a large fiscal deficit and a drop in debt affordability. Federal spending and political polarisation have been a growinng concern for investors, contributing to a selloff that took US government bond prices to their lowest levels in 16 years.


12 Nov 2023, 05:29:34 PM IST

Diwali Muhurat Trading 2023 live updates: Manoj Dalmia of Proficient Group of Companies advises caution

“Muhurat trading often sees high trading volumes and rising stock prices. While it may seem like an opportunity for quick gains, it’s important to exercise caution. It is advisable to maintain a long-term perspective when investing, avoid relying solely on stock tips, and be mindful of the potential for price volatility. If you’re new to trading, consider refraining from intraday trading during this brief session. In summary, approach muhurat trading with a strategic and cautious mindset to make the most of this unique trading opportunity.”

12 Nov 2023, 04:59:47 PM IST

Diwali Muhurat Trading 2023 live updates: Ajit Mishra , SVP, technical research, Religare Broking on the right approach

“We have been seeing consolidation in markets amid mixed global cues. However, select stocks from across the sectors are performing well. We thus feel it is prudent to maintain a stock-specific approach and shift the bias more on long trades if Nifty manages to hold the 19,500 mark decisively.”

12 Nov 2023, 04:28:47 PM IST

Diwali Muhurat Trading 2023 live updates: PL Research’s top picks

“Samvat 2079 has seen Nifty hit new lifetime highs in an increasingly uncertain and volatile global environment. India is the fastest growing economy globally [but the] global geopolitical situation remains grim. Strong resilience of the US economy despite high inflation is likely to keep policy rates high, which could impact the FPI inflows in the near term.

“We expect the next few months to remain volatile given the impact of EL Nino on inflation, global volatility in commodities and interest rates. Domestic demand is showing a clear divergence, with strong demand from [the rich] and [the poor] under pressure. Consumer spending is changing as discretionary categories are growing faster than staples and small-ticket items.”

Large cap picks: Hindalco Industries, ICICI Bank, Maruti Suzuki, Max Healthcare Institute, Siemens and Titan Company

Mid cap & small cap picks: Greenpanel Industries, Navin Fluorine International, Navneet Education, R R Kabel, Safari Industries (India), Sunteck Realty and Zee Entertainment Enterprises

12 Nov 2023, 03:59:11 PM IST

Diwali Muhurat Trading 2023 live updates: Outlook from Sunil Nyati of Swastika Investmart

According to Sunil Nyati, managing director of Swastika Investmart Ltd:

“Indian equities have the potential to experience robust gains in the upcoming year due to several factors, including the Lok Sabha elections in May 2024. This presents an opportune moment for traders and investors to consider crafting a short-term portfolio.

“The overall outlook for the Indian equity market appears exceptionally bullish, underpinned by robust fundamentals and domestic liquidity. Furthermore, FIIs have reduced their holdings in the Indian equity market due to a combination of factors, including the global economic situation, the rising cost of capital, and the domestic political environment.

“It is expected that both gold and equities will perform well in the coming months. My preferred choice for investment leans heavily toward Indian equities, as the Indian equity markets are poised to outshine not only gold but also other global markets.”

12 Nov 2023, 03:28:52 PM IST

Diwali Muhurat Trading 2023 live updates: The five stages of today’s special trading session

The muhurat trading session comprises five sessions – block deal, pre-open, main trading, call auction, and closing.

Block deal session is the first phase in which traders commit to buying or selling stocks at a fixed price and inform the stock exchange.

Pre-open session is where the stock exchange determines the opening price based on supply and demand.

The main trading window is open for an hour.

The call auction session is where illiquid securities (those that are not traded frequently) are traded.

In the closing session, traders or investors can place a market order at a closing price.

12 Nov 2023, 03:01:09 PM IST

Diwali Muhurat Trading 2023 live updates: What to expect from the hour-long session

Various segments, including equity, commodity derivatives, currency derivatives, equity futures and options, and securities lending and borrowing (SLB), will be open for the muhurat trading session.

The markets are expected to be mostly bullish as people are driven by emotions rather than numbers on this day.

Since many people mark the new fiscal year from Diwali, businesses of all sizes are expected to buy and sell stock options.

Last year, both the Sensex and Nifty rose by 0.88% during the hour-house trading session, while in 2021 they each gained 0.49%.


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