Skip to main content

Posts

Showing posts with the label KOTAK

Mahurat Trading : Diwali 2021

One Hour Diwali Muharat (Samvat 2078) seems to have worked in favour of the Indian Market. Positive Global outlook and cut in excise duty on petrol and diesel encouraged the sentiments of Indians. Sensex which was on a downward curve, climed up 295.70 points / 0.49% and closed at 60,067. NSE also increased by 87.60 points /0.49% and finished at 17,916.80. Sensex's gains were basically from M&M, ITC, Bajaj Auto, L&T, Kotak bank, Sun Pharma and Nestle India rising almost 2.87%. on the opposite site, ICICI Bank, Ultratech Cement, Asian Paints and Dr. Reddy  lost 0.43%. Except Metal Industry, most of the BSE sectors finished on positive note, which were auto, consumer goods, capital goods, Industrial goods, FMCG. Similar trend was followed in broader market, where small cap BSE rose 1.36% and mid cap rose 0.73%. NSE AND BSE WILL BE CLOSED ON FRIDAY i.e. NOVEMBER 5th on the occassion of Diwali Balipratipada. According to Samvat 2077,  Nifty's Mid Cap delivered 40% Return an...