Sensex and Nifty Dip in Muhurat Trading to Start Samvat 2083
Indian stock markets closed slightly lower in the special Muhurat trading session on Diwali, which ended a seven-day run of gains. The Nifty held above the 25,000 mark. Reports also look at the outlook for the coming year and what investors should do now.
Context
Muhurat trading is a short special stock market session held on Diwali, traditionally seen as an auspicious start to the financial year. Samvat is the Hindu calendar year that begins at Diwali, so Samvat 2083 is the new year being started.