India’s stock market got off to a strong start in the new Samvat 2082, with the NSE Nifty 50 and BSE Sensex closing above their one‑year highs on Monday. The Nifty 50 finished the session around 25,840, while the Sensex was near 84,363, close to the all‑time peaks reached in September 2024.
This rally follows a 6 % gain in the Nifty 50 over the last Diwali period and a 3.58 % return since the start of Samvat 2081. The BSE benchmark Sensex posted a 3.19 % annual return and about 6 % in the same lunar year.
The Nifty Bank index surged to a new high, led by the Nifty PSU Bank sub‑index, which delivered 12 % gains. Mid‑cap stocks rallied 5 % on the Nifty Midcap 100, but small‑caps fell 4 % on the Nifty Smallcap 250.
Sector performance last month highlighted impressive growth in Auto, PSU Bank and Metal. Nifty Auto jumped 16 %, Nifty PSU Bank rose 14 % and Nifty Metal climbed 9 %. In contrast, IT, Energy, Realty, FMCG and Pharma sectors slipped.
Among individual stocks, Bajaj Finance, Maruti Suzuki, Bharat Electronics and InterGlobe Aviation stood out, posting returns between 45 % and 55 %.
The market also saw robust fundraising activity, with 433 Indian companies raising more than ₹2.9 lakh crore in various forms, up from 429 firms that raised ₹2.53 lakh crore in the previous Samvat.
Looking ahead, the one‑hour Muhurat trading session for Diwali—marking the start of Samvat 2082—will run from 1:45 pm to 2:45 pm on Thursday, October 21. Historically, most Muhurat sessions end with small gains, ranging from 0.4 % to 0.9 %.
Investors will watch these indicators closely as the market dynamics shift into the new lunar year.
Source: ianslive
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