Bombay Stock Exchange in the Samvat Year 2065 Report

Muhurat Trading Session at Bombay Stock Exchange in the Samvat Year 2065

Muhurat Trading: Muhurat (auspicious) 'Muhurat trading' marks the beginning of the new trading year for the Gujarati community, who form the bulk of share brokers in India.

For the trading communities of the north the new financial year begins with Diwali. That is the reason puja is performed for account books, safes and tijoris on Dhanteras as well as on Diwali day. A coin is placed on the account books before the puja which is supposed to signify wealth , and the coin is preserved and again used in the puja in the next Diwali.

The stock brokers perform "Chopra pooja" at the exchange and a customary 'muhurat trading' trading takes place at the stock exchange, when the SENSEX invariably notches up a few points even in a bad market. The story goes that on the night of Lakshmi Puja , the Goddess comes to reside at the place of the puja, that is the reason the traders and shopkeepers keep awake with lights burning all night to welcome Lakshmi any time she chooses to come.

The Bombay Stock Exchange Limited (BSE) welcomes the Samvat Year 2065 with the Lakshmi Puja and the Muhurat Trading Session on Tuesday, October 28, 2008 from 6.15 p.m. to 7.15 p.m.

The significance of today's trading session is the felicitation of the 10 top volume drivers in the Equity segment for the year 2007 -2008. The names appear alphabetically:


News Updates
19:22 IST 28 Oct 2008 BSE SENSEX closes above 9000 after gaining more than 500 points during muhurat session in bargain hunting; blue chips like reliance, ICICI, l&t make smart gains
19:18 IST 28 Oct 2008:Diwali special muhurat trading ends with SENSEX making sharp gains, index up 6.17 pct after 1 hr of auspicious trading
19:12 IST 28 Oct 2008:Unitech which plunged more than 50 pct on friday makes strong recovery for second straight day, up 14.9 pct to trade at 49.15 rupees per share

19:11 IST 28 Oct 2008:Traders bet that credit markets could see a further thaw, overshadowing worries about global recesssion
19:09 IST 28 Oct 2008:All three major u.s. stock indexes rise more than 3 percent as investors snapped up beaten-down shares
19:04 IST 28 Oct 2008:NASDAQ up 46.98 points, or 3.12 percent, at 1,552.88 after market open
19:04 IST 28 Oct 2008:S&P 500 up 14.71 points, or 1.73 percent, at 863.63 after market open
19:03 IST 28 Oct 2008:DOW up 140.50 points, or 1.72 percent, at 8,316.27 after market open

19:02 IST 28 Oct 2008:SENSEX trading firm at 9010 points, up more than 500 points on sentiment buying and bargain hunting
18:57 IST 28 Oct 2008:Benchmark BSE index has lost about 10,400 points or over 55 pct since last diwali
18:54 IST 28 Oct 2008:Markets have registered a fall only twice on diwali since 2000, when business is conducted for one hour
18:47 IST 28 Oct 2008:Blue chips like reliance, ICICI, infosys, l&t gain 2.5 pct to 7 pct in sharp buying during one hour of auspicious trading during diwali
18:44 IST 28 Oct 2008:BSE SENSEX surges above 9000 as sentiment boosted during muhurat trading; index up 5.76 pct on bargain hunting
18:39 IST 28 Oct 2008:Broader 50-share nse index up 6 pct at 2676 points; investors eye good bargains among battered bluechips
18:38 IST 28 Oct 2008:BSE metals index up 6.7 pct, led by gains in tata steel - up 7.77 pct, hindalco - up 10.3 pct
18:34 IST 28 Oct 2008:BSE real estate index surges 9.15 pct during 1-hr muhurat trading; dlf gains 7.5 pct, unitech up 14.17 pct
18:29 IST 28 Oct 2008:Index heavyweight reliance industries trading 6.2 pct up at 1141 rupees per share
18:27 IST 28 Oct 2008:SENSEX holding on to gains, trading 435 points up at 8945
18:25 IST 28 Oct 2008:Wall street also set to make solid gains after after five straight global sessions of steep losses
18:24 IST 28 Oct 2008:SENSEX seen tracking world stocks which rose sharply as traders indulge in bargain hunting
18:22 IST 28 Oct 2008:ICICI bank, india's top pvt lender, makes sharp gains to trade 6.1 pct up at 335 rupees per share
18:20 IST 28 Oct 2008:TCS gains 6.3 pct to lead BSE info tech index up 3.3 pct; wipro up 6 pct, infosys up 1.85 pct
18:16 IST 28 Oct 2008:BSE SENSEX opens up 6.41 pct, index gains more than 500 points as muhurat trading opens on a positive note
18:11 IST 28 Oct 2008:SENSEX had closed 2.2 pct down on monday after a sharp afternoon rally saw the index recover from a 11.5 pct slide on global recession fears

18:10 IST 28 Oct 2008:Muhurat trading on laxmi puja starts at 6.15 pm and will continue for an auspicious one hour till 7:15 pm
18:08 IST 28 Oct 2008:Investors eye BSE SENSEX's muhurat trading on day of diwali for swing in sentiment

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