Muhurat Trading 2024: Sensex up 335 points, Nifty at 24,300 as Samvat 2081 begins
New Delhi: In a positive start to Samvat 2081, the 30-share BSE Sensex closed in green at 79,724.12, up 335.06 points, or 0.42 per cent, while the NSE Nifty stood at 24,304.35, up 99.00 points, or 0.41 per cent during Muhurat Special Trading Session on Friday, November 1, 2024.
On the 30-share Senses, M&M, Adani Ports, and Tata Motors were the top gainers while HCL Tech, Tech Mahindra, and ICICI Bank were the top drags. In the last Samvat 2080, which ended on Thursday, the BSE Sensex jumped 14,484.38 points, or 22.31 per cent, and the Nifty climbed 4,780 points, or 24.60 per cent.
Muhurat trading session is a real session in which trading in stocks is considered auspicious. Buying and selling stocks and other instruments during muhurat trading hour is considered to invite prosperity all year round.
Nifty top gainers and losers
Sensex toppers on muhurat trading date
Sensex at 7 pm
Nifty top stocks
Nifty50 during Muhurat trading window
Nifty sectoral indices on Muhurat day
Sensex pack on Muhurat trading day
Religare Broking BUY call on PTC
Religare Broking gave a BUY call on PTC with a share price target of Rs 237-241 apiece. Investors can enter the share at Rs 180-182 apiece and maintain stoploss at Rs 165-170 apiece.
ICICI Direct BUY call on Tech Mahindra
ICICI Direct gave a BUY call on Tech Mahindra with an entry price of RS 1,608 apiece. The brokerage expects the stock to hit a share price target of Rs 2,000 apiece.
Religare Broking BUY call
Religare Broking gave a BUY call in the following stocks:
Stocks | Buying range (Rs/ apiece) |
BEL | 282-286 |
City Union Bank | 173-176 |
Federal Bank | 202-205 |
Fortis Healthcare | 623-628 |
GMDC | 368-372 |
What Bajaj Broking said on Samvat 2081 expectations
Bajaj Broking said it expects Indian markets to continue their upward rise to 28,400 levels by Diwali 2025. However, this uptrend is likely to be accompanied by volatility, according to the brokerage.
Brokerage recommendations
Stocks | Buying range (Rs/ apiece) | Target price (Rs/ apiece) |
Varun Beverages | 605-580 | 750 |
PCBL | 435-460 | 600 |
NCC | 275-300 | 400 |
Snowman Logistics | 64-60 | 91 |
Care Rating | 1380-1320 | 1660 |
Sensex Muhurat Trading Day historic performance
Motilal Oswal’s Siddhartha Khemka said Nifty earnings CAGR is likely to be 12 per cent in Samvat 2081. Sensex was up 8 out of 10 times on Muhurat Trading Day.
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