Markets
Muhurat trading ends in the red for the first time in nine years: Sensex 80,999, Nifty 24,986
The one-hour Diwali session on Sunday followed a seven-day rally; smallcaps bucked the trend.
In short
−0.04%Sensex in the Muhurat hour
- Sensex: 80,999.40 (−28.62)
- Nifty: 24,986.40 (−43.95)
- Nifty Smallcap 250: +1.20%
How the hour went
In the Sunday, 8 November Muhurat session, the Sensex closed at 80,999.40, down 28.62 points (0.04%), and the Nifty at 24,986.40, down 43.95 points (0.18%), just under 25,000. Both opened higher and slipped negative. The Nifty Smallcap 250 gained 1.20%.
Reports say it broke a streak of Muhurat gains since 2018, which is why it is described as the first red Muhurat close in nine years.
The week behind it
The session followed a seven-day rally. The Week reported the Sensex closing Friday at 81,028.02 and the Nifty at 25,030.35, gains of about 7% and 6% for the week, though other sources give different weekly percentages. Markets are shut on Tuesday, 10 November.
