Many traders believe gains made during this session bring prosperity and wealth in the year aheadDomestic stock markets will start Samvat 2076 with a special one-hour Muhurat trading session on September 27.
Equity market benchmark indicesS-P BSE Sensex and NSE Nifty 50 concludedSamvat 2075 with returns of11.62 per cent and 10.01 per cent respectively.The special trading window - or the Muhurat trading session- is to mark the beginning of year Samvat 2076, which will end on the eve of Diwali 2020.
Many traders believe gains made during the Muhurat session bring prosperity and wealth in the year ahead.BrokerageStockTarget priceMotilal OswalICICI BankRs 550SBIRs 350HDFCRs 2,600Bharti AirtelRs 415Hindustan UnileverRs 2,265Larsen - ToubroRs 1,900IDBI CapitalFinolex IndustriesRs 770HDFC LifeRs 718ITCRs 310Reliance Nippon Life Asset ManagementRs 382Tata ELXSIRs 1,050ReligareHavells IndiaRs 795Mahindra - MahindraRs 695MaricoRs 451Maruti SuzukiRs 7,936VoltasRs 780Nirmal BangBritanniaRs 3,645Blue StarRs 965City Union BankRs 258indian HotelsRs 171Inox LeisureRs 440Manappuram FinanceRs 173In Samvat 2075, which began on November 7 (Diwali 2018) and ended on the eve of Diwali 2019, October 26, the Sensexadded 4,066.15 points and the Nifty gained 1,053.9 points.Top gainers on the 50-scrip index during this period were Bharat Petroleum (83.46 per cent), Bajaj Finance (70.06 per cent) and Titan (57.68 per cent).( Seven Nifty Stocks That Provided More Than 40% Return In Samvat 2075)The financial markets will remain closed on Monday, October 28 for Diwali Balipratipada or Govardhan Puja.
Trading will resume next on Tuesday, October 29.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com.
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