Indian Markets Enter Samvat 2082 On A High As Indices Near Record Levels

India’s stock market opened the new trading year, Samvat 2082, on a strong footing after closing the previous year, Samvat 2081, at over a one-year high on Monday.

Both the NSE Nifty 50 and the BSE Sensex ended above key milestones, signalling firm investor sentiment.

During Samvat 2081, the Nifty 50 delivered a gain of around 6 per cent since last Diwali, with its annual return recorded at 3.58 per cent.

The BSE Sensex also advanced 3.19 per cent over the past year and nearly 6 per cent for the same period.

The Nifty Bank index set a fresh record in today’s session, while the Nifty PSU Bank emerged as the top-performing sector.

In terms of index performance, Nifty Bank climbed 12 per cent, the Nifty Midcap 100 added 5 per cent, and the Nifty Smallcap 250 slipped 4 per cent.

With Nifty closing at 25,840 and Sensex at 84,363, both indices are approaching their all-time highs from September 2024, 26,178 and 85,571, respectively.

Sector-Wise Trends

Across sectors in Samvat 2081, Nifty Auto rose 16 per cent, Nifty PSU Bank gained 14 per cent, and Nifty Metal advanced 9 per cent.

Meanwhile, Nifty IT, Energy, Realty, FMCG, and Pharma lagged behind, ending the period lower.

Among individual stocks, Bajaj Finance, Maruti Suzuki, Bharat Electronics, and InterGlobe Aviation stood out as top gainers, delivering impressive returns between 45 and 55 per cent.

During the year, 433 Indian companies collectively raised more than Rs 2.9 lakh crore through various fundraising channels, compared with Rs 2.53 lakh crore mobilised by 429 firms in Samvat 2080.

Muhurat trading, the special one-hour Diwali session marking the onset of Samvat 2082, is set for 21 October from 1:45 PM to 2:45 PM.

Traditionally, stock indices have tended to close higher during Muhurat sessions, posting typical gains of 0.4 to 0.9 per cent, with only slight declines recorded in 2016 and 2017.

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