BSE, NSE closed today on occasion of Diwali Balipratipada; Sensex, Nifty kick off Samvat 2075 on a strong note

Sensex gained 2,407.56 points, or 7%, in the
Hindu year, while Nifty rose by 319.15 points, or over

The Indian stock markets BSE, NSE will be closed today on
the occasion of Diwali Balipratipada. Yesterday, the Sensex and
Nifty logged their best Muhurat trading session in 10 years.
Kicking off Samvat 2075, the Sensex ended Diwali Muhurat
session with gains of more than 245 points, even as the Nifty
50 gained about 70 points. Sensex ended the session 245.77
points higher at 35,237.68, while the Nifty 50 zoomed about
68.4 points to 10,598.40.

Notably, the benchmark indices Sensex and Nifty logged
their best year in a decade. During the special trading session
on Wednesday, 28 of the 30-share Sensex stocks ended in the
green. Automobile stocks were among the major gainers; with
shares of Mahindra
& Mahindra gaining more than 2%, Tata
Motors, Bajaj Auto and Hero MotoCorp rose around 1.2%,
 and Maruti
Suzuki was up close to 1%.

BSE, NSE Holidays list: See full list of stock
exchange holidays this year 

Samvat 2074 had been a very volatile year with the Nifty
gaining just 4% and the 30-share Sensex returning about 7%.
However, it has been an excellent year for technology stocks,
with the IT index zooming about 34%. In the IT pack, shares of
Tech Mahindra have emerged as the overall winner returning a
whopping 52% in the period, IT behemoth TCS comes second with
returns of 49.5%. Infosys shares, with returns of 44.31% have
emerged as the third best Nifty performer in the period. Titan
(42.8%), ICICI Bank (37.7%), JSW Steel (37.66%), Axis Bank
(30.7%) HUL (29.8%) Bajaj Finance (27.5%) have also managed to
be among the top 10 performers in Samvat 2074. With returns of
21.67%, billionaire Mukesh
Ambani-led Reliance Industries has been ranked at the 10th
spot among the Nifty.

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