Indian Stock Market News: Muhurat Trading Went Just Right!
The Indian stock market has been recovering recently, which is indeed a breather for stock traders who have been worrisome due to the latest bearish trends. The Diwali Muhurat trading 2022 sessions went right it seems. This can be ascertained due to the fact that both Nifty 50 and BSE Sensex India reached their 1-month highs during the 1-hour trading session on October 24, 2022.
Last day, the BSE Sensex India gained 0.9% and closed at 59,831, which was also the seventh consecutive ‘green’ session. Meanwhile, the Nifty 50 Index rose by 0.88% and closed at 17730.75 (up by 154.45 points). Though these Indian stock market indices initially maintained the gaining momentum in the trading session today, they declined sometime after. Maybe it was just the ‘Muhurat’ who kept the stock market alive yesterday, but the situation at the time of writing was completely volatile.
The Nifty 50 Index was down by 0.16% and traded at 17,702.70 (losing 28.05 points) in the trading session on October 25, 2022. On the other hand, BSE Sensex India was down by 0.23% and traded at 59,694.13 (losing 156.24 points). Therefore, the Indian stock market is still volatile.
Indian Stock Market Gainers Today!
The top Indian stocks that gained amid the volatile trading session today are listed below.
1. JSW Steel Limited
JSW Steel Limited (NSE: JSWSTEEL) saw its share prices go up by 2.02% and trade at ₹642.30 (up by 12.70 points) at the time of writing in the trading session today. The total trade volume was 24,98,804, which was worth ₹15,993.35 lakhs.
2. Tech Mahindra Limited
Tech Mahindra Limited (NSE: TECHM) witnessed its stock gain by 1.89% and trade at ₹1,068.00 (up by 19.85 points) at the time of writing in the trading session today. The total trade volume was 11,06,944, which was worth ₹11,771.69 lakhs.
3. Maruti Suzuki India Limited
Maruti Suzuki India Limited (NSE: MARUTI) saw its share prices increase by 1.61% and trade at ₹8,906.95 (up by 141.50 points) at the time of reporting during the trading session today. The total trade volume was 3,17,300, which was worth ₹28,269.40 lakhs.
4. Dr. Reddy's Laboratories Limited
Dr. Reddy’s Laboratories Limited (NSE: ) witnessed its stock rise by 1.56% and trade at ₹4,445.75 (up by 68.25 points) at the time of drafting this article in the trading session today. The total trade volume was 2,21,163, which was worth ₹9,806.85 lakhs.
5. Hindalco Industries Limited
Hindalco Industries Limited (NSE: HINDALCO) saw its stock increase by 1.37% and trade at ₹400.95 (up by 5.40 points) at press time in the trading session today. The total trade volume was 28,88,892, which was worth ₹28,88,892 lakhs.
The Indian stock market did provide relief on the last day. However, the current market conditions are unfavourable and are expected to stay that way for quite some time. This is due to the fact that the market has stayed bearish for so long and now even after attaining a 1-month peak, it has been declining.