Muhurat session: Indices gain on healthy revival signs, auto stocks rise

Mumbai, Nov 14 : Faster economic recovery, along with healthy festive demand, buoyed investors’ sentiments during initial phase of the special “Muhurat” trade session on Saturday.

The special hour-long session held every year on Diwali day to mark the start of the Hindu New Year saw the key equity indices — S&P BSE Sensex and NSE Nifty50 — make considerable gains.

According to market observers, the special session to mark Samvat 2077 witnessed healthy buying in all most all sectors.

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The Nifty50 of the National Stock Exchange (NSE) gained 129.30 points, or 1.02 per cent, to close at 12,820.10 points.

Similarly, the 30-scrip sensitive index (Sensex) made gains during the initial period of the trade session.

The S&P BSE Sensex, which opened at 43,815.45 points, traded at 43,787.65 points — up 344.65 points, or 0.79 per cent, from its previous close at 43,443.00 points.

Disclaimer: This story is auto-generated from IANS service.

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