For the first time since 2017, Sensex and Nifty end Muhurat trading in the red

For the first time in over three years, the Sensex and Nifty both closed in the red during the Muhurat trading session on Diwali, signaling the start of Samvat year 2083. The indices, which had rallied over 10% over the previous seven sessions, saw a modest decline after a period of consolidation. The Sensex fell 29 points to 80,999 points, while the Nifty dropped 44 points to 24,986 points.

This marked the first negative close for both indices during the Muhurat session since 2017. Despite the decline, some large-cap stocks closed lower, contributing to the overall drop in the indices. At the same time, midcap and smallcap stocks saw buying activity, with the midcap index closing 0.5% higher and the smallcap index closing 1.5% higher.

The total market capitalization of all companies listed on the BSE increased by around Rs 2.6 lakh crore, reaching an all-time high of Rs 506 lakh crore.