Sensex off to flying start in Muhurat trading; climbs 154 pts

Image
Press Trust of India Mumbai
Last Updated : Oct 30 2016 | 6:57 PM IST
Market benchmark BSE Sensex rose by over 154 points to trade above the 28,000-mark on sustained buying by participants in the opening trade of a special Muhurat session to mark the start of Hindu Samvat Year 2073.
The Sensex surged by 154.20 points, or 0.55 per cent, to reach 28,095.71 in the first five minutes of trade. The index has registered a gain of 105 points in the previous two sessions.
All the sectoral indices, led by consumer durables, healthcare and metals, were trading in positive terrain with gains up to 1.01 per cent.
On similar lines, the broader NSE Nifty also rose by 40.25 points, or 0.46 per cent to 8,678.25.
Brokers said buying activity gathered momentum as investors and funds opened their new accounts on the first session of Samvat 2073.
Major gainers that supported the key indices were Lupin, Wipro, Sun Pharma, Axis Bank, M&M, Tata Steel, ONGC, Cipla, Asian Paints, Maruti, Bajaj Auto and Infosys, rising by up to 1.66 per cent.
Meanwhile, the Sensex gained 2,198.25 points, or 8.53 per cent while the broader NSE Nifty surged 854.65 points, or 10.98 per cent in Samvat 2072.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 30 2016 | 6:57 PM IST

Next Story