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Indian Equities Scale Record On Mahurat Trading

Indian benchmarks close at record highs, despite giving up some of gains posted on opening. 

(Source: BloombergQuint)
(Source: BloombergQuint)

Indian equity markets began Samvat 2077 on a positive note, ending with gains of half a percent. This was the third successive Mahurat trading session where the markets ended with gains.

The S&P BSE Sensex closed 0.45% higher at 43,637 while the NSE Nifty 50 index gained 0.5% to close at 12,780. Both benchmarks registered their respective closing highs.

Oil marketing companies were the top performers in the session. BPCL ended with gains of nearly 5%, ahead of its disinvestment deadline on November 16 while Indian Oil Corporation also ended with gains of over 2.5%.

Metal stocks like Hindalco, JSW Steel and financial names like State Bank of India and Bajaj Finance were among the top laggards.