Indian benchmarks edge lower in Diwali Muhurat session

Economy · First reported 7 Nov, 05:32 · Updated 06:22

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

The Sensex and Nifty opened higher but closed slightly lower in the one-hour Diwali session, ending a seven-session rally and an eight-year run of gains in the special session. The Times of India also reports gains in small-cap and mid-cap indices and a rise in total BSE-listed market capitalisation.

The Sensex closed down 28.62 points (0.04%) at 80,999.40, while the Nifty fell 43.95 points (0.18%) to 24,986.40.
The declines followed seven consecutive sessions of gains and ended an eight-year streak of gains by both benchmarks during Diwali’s special trading sessions.
The Indian Express snippet poses questions about Muhurat trading and how markets would perform in the Sunday session, but provides no further details.

Summary written by Lux AI from 2 articles

Key facts

Sensex close: 80,999.40, down 28.62 points (0.04%).
Nifty close: 24,986.40, down 43.95 points (0.18%).
Small-cap and mid-cap: BSE SmallCap Select gained 1.18%; MidCap Select gained 0.22%.
Market capitalisation change: BSE-listed companies’ total market capitalisation rose by Rs 2.60 lakh crore.