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Sensex up 62 points, Nifty at 18,076; Auto & pharma stocks rally
The market breadth was positive as shares 1,674 advanced while 721 declined and 96 remained unchanged.
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Markets may open on a soft note
Wall Street stocks ended slightly higher on Monday, rising early after the passage of a US infrastructure spending bill.
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Sensex rallies 478 points, Nifty ends above 18,000
Sensex rallied 477.99 points or 0.80% to end at 60,545.61, while the broader Nifty closed at 18,068.55, up 151.75 points or 0.85%.
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Sensex, Nifty inch lower in early trade; pharma stocks drag
IndusInd Bank, diving over 10%, was the top Sensex loser followed by Asian Paints, Sun Pharma, M&M, Reliance Industries and HDFC Bank
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M-cap of eight of top-10 most-valued firms jumps over Rs 1.18 lakh crore
The 30-share BSE benchmark gained 760.69 points during the last week. Markets were closed on Friday on the occasion of 'Diwali Balipratipada'.
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Samvat 2077 — Year of unicorns and technology
However, whether or not this trend continues will be decided only by whether these startups deliver on their ambitious claims.
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Look beyond Samvat 2078
As Samvat 2077 comes to an end, the million-dollar question is: what is in store for markets in Samvat 2078 and, more importantly beyond 2078?
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How will the market trend post Diwali?
The correction phase is largely going to expand even post-Diwali as emerging macro challenges are posing a few serious threats to the market.
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Sensex falls 257 points, Nifty ends below 17,850
Sensex ended at 59,771.92, down 257.14 points or 0.43%, while Nifty closed 59.75 points or 0.33% lower at 17,829.20
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NSE, BSE to hold ritual muhurat trading on November 4
Muhurat Trading session for Equities, Equity F&O, Currency F&O, and Commodities for Diwali 2021 will be executed between 6:15 PM and 7:15 PM.
