Benchmark Sensex surrendered early
gains to end over 194 points lower at 32,389.96 in a special
Muhurat trading session today to mark the beginning of Hindu
Samvat year 2074.
Banking stocks led the fall as participants booked
profits to write their first entry with gains on the first
session of Samvat 2074, brokers said.
The broader NSE Nifty too dipped below the 10,200-mark in
the special one-hour Muhurat session.
The BSE Sensex opened higher at 32,656.75 and advanced to
a high of 32,663.06 on token buying activity as investors and
funds opened their new accounts on the first session of Samvat
However, higher levels could not be sustained due to
sudden sell-off by participants and the index slipped to
32,319.37, before settling 194.39 points, or 0.60 per cent
down at 32,389.96.
The gauge had lost 49.29 points in the previous two
On similar lines, the broad-based NSE Nifty index, after
shuttling between 10,211.95 and 10,123.35, ended 64.30 points,
or 0.63 per cent lower at 10,146.55.
A weak trend at the European stock markets on Spain's
escalating political crisis also fuelled selling towards the
fag-end at the domestic bourses here, brokers added.
The Sensex gained 4,642.84 points, or 16.61 per cent, in
the Hindu Samvat year 2073, while the broader NSE Nifty surged
1,572.85 points, or 18.20 per cent.
The laggards in the Muhurat session were banking, metal,
PSU, infrastructure, power, oil & gas, auto, consumer
durables, healthcare, realty, FMCG and IT sectors.
The broader markets outperformed the overall trend as
investors created fresh positions, lifting the BSE small-cap
index by 0.54 per cent and mid-cap index by 0.17 per cent.
Both the exchanges will be closed tomorrow for 'Diwali
Globally, in the euro zone, Frankfurt's DAX fell 0.63 per
cent, while Paris CAC 40 shed 0.54 per cent. London's FTSE too
fell 0.35 per cent.
In the Asian region, Hong Kong's Hang Seng fell 1.92 per
cent, Shanghai Composite Index slipped 0.34 per cent, while
Japan's Nikkei ended 0.40 per cent higher.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)