Sensex hits a new high as Samvat 2070 begins

NEW DELHI: After commencing on a cheerful note in the new Hindu calender year, Samvat 2070, the BSE benchmark hits new record of 21,321.53, up 124.72 points in the special muhurat session.

The "muhurat" trading session will be conducted for 75 minutes on leading bourses NSE and BSE, to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. Itmuhurat session also mark the New Year for traders as per the Hindu calendar, or Samwat 2070.

At 06:18pm, the 30-share index was at 21,287.31, up 90.50 points or 0.43 per cent. It touched a high of 21,321.53 and a low of 21,258.76 in trade on Sunday.

The Nifty was 6,329.40, up 22.20 points or 0.35 per cent. It touched a high of 6,342.95 and a low of 6,328.70 in early trade.

The S&P BSE Midcap Index was up 0.91 per cent and the S&P BSE Smallcap Index gained 0.90 per cent.

Among the sectoral indices, the S&P BSE Metal Index was up 0.82 per cent, the S&P BSE Capital Goods Index gained 0.79 per cent and the S&P BSE Power Index advanced 0.74 per cent.

The foreign institutional investors bought shares worth Rs 186.95 crore while domestic institutional investors were net sellers worth Rs 422.7 crore on Friday as per the provisional data from the National Stock Exchange.
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain open on Sunday between 6:15 PM and 7:30 PM for Muhurat trading.

The BSE Sensex hit an all-time high on Friday, while the broader Nifty benchmark is just 50 points away from its record high. Needless to say, the last year, or Samvat 2069 according to the Hindu calendar, has been good for investors.