Sensex, Nifty start Samvat 2083 in red: What's the outlook till next Diwali?
Samvat 2083 outlook: The volatile Muhurat trading session comes after a record seven-day rally by the indices which saw BSE Sensex and Nifty50 rise over 10%. The gains over the preceding seven consecutive sessions had lifted the Sensex by 7,781.99 points, or 10.62%, and the Nifty by 2,331.5 points, or 10.27%.
Samvat 2083 commenced with the BSE Sensex and Nifty50 closing slightly in the red. This marked the end of their eight-year consecutive gain streak since 2018, which began on Diwali trading sessions. The Nifty-50 dipped 0.18% to close at 24,986.40, briefly falling below the 25,000 mark following a higher opening at 25,070 and peaking intraday at 25,132.
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