The Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) are closed for trading today, October 28, 2019, on account of Diwali Balipratipada.
Wholesale commodity markets, including metal and bullion, will also be closed. There will be no trading activity on forex and commodity futures markets as well.
On October 27, in the special trading session known as Muhurat trading, the benchmark indices started the Samvat 2017 on stronger note with with Nifty ended above 11,600.
At close, the Sensex was up 192.14 points at 39,250.20, while Nifty was up 43.30 points at 11,627.20.
BSE Midcap and Smallcap outperformed the benchmark, closing with gains of 0.69 percent and 1.20 percent, respectively.
All the sectoral indices are ended in green led by the auto, metal, IT, FMCG and Bank.
Top gainers were Tata Motors, Yes Bank, M&M, Infosys and Vedanat, while losers include Bharti Infratel, Coal India, Titan, Grasim Industries and Maruti Suzuki.
“The market continued the recent positive trend in Muhurat trade. There is a visible turnaround in sentiments and one hopes that we may witness a broader upmove in the markets soon,” said Dhiraj Relli, MD & CEO, HDFC Securities. Get access to India’s fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code “GETPRO”. Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.