Muhurat trading: Nifty ends above 5200; Bharti, SBI lead

Mumbai, Oct 26: Indian stock markets closed the muhurat trading session of Samavat 2068 on Oct 26, Wednesday, with moderate gains, helped by capital goods, FMCG, metal and select banks stocks. But, the broader indices outperformed benchmarks. The 30-share BSE Sensex rose just 33.97 points, to close at 17,288.83. The 50-share NSE Nifty closed above the 5,200 mark for the first time since August 5, which gained 10.20 points, to end at 5,201.80.

Muhurat trading of Indian equity markets was between 16:30 and 18:00 hours.“Muhurat" trading was for 90 minutes. Out of the last 15 “Muhurat" trading sessions, 13 were marked by the Sensex gaining more than 1%.

Shares like L&T, SBI and Bharti Airtel jumped 1-1.4%. ITC, HDFC Bank, HUL, BHEL, Cipla, Hero Motocorp, Coal India, Sterlite, Sun Pharma and Tata Motors gained 0.5-1%.

Hindalco has maintained its top position in the buying list, rising 2.2%.

However, the sell-off in technology and oil & gas stocks has limited the upside.

Reliance Industries and ONGC fell 0.2% each. TCS, Wipro and Infosys declined between 0.3% and 1.25%. ICICI Bank too lost 0.6%.

The broader indices like BSE Midcap and Smallcap ended 1% higher.

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