Market Watch

Muhurat trading: Nifty ends below 8650, Sensex down 11 points; Shivam Autotech up 2.8 pct

30 October 2016 - 07:50 PM

The market has ended in red in the one-hour Muhurat trading on Diwali. After a brief buying spree, the Nifty ended below 8650. 
 
The 50-share index was down 12.30 points or 0.1 percent at 8625.70. The Sensex is down 11.30 points at 27930.21. About 1951 shares advanced, 519 shares declined, and 200 shares are unchanged. 
 
Lupin, ONGC, Sun Pharma, Infosys and HUL were gainers while Dr Reddy's Labs, Tata Motors, Adani Ports, NTPC and HDFC were losers in the Sensex. 
 
Gold futures traded a shade lower at Rs 30,067 per 10 grams in special Muhurat trading on the Multi Commodity Exchange today as participants booked profits to mark the start of Samvat 2073. 
 
Besides, a weak trend at the domestic spot market put pressure on prices. 
 
Market participants said profit booking by speculators, who opened their new accounts on the first session of Samvat Year 2073 and a weak trend at the domestic physical markets, mainly led to a modest fall in gold prices at futures trade here.