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This is called the Muhurta trading miracle, this is how India’s most expensive stocks made a splash.

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This is called the Muhurta trading miracle, this is how India’s most expensive stocks made a splash.

On November 1, when the market opened at 6 pm for Muhurta trading, an extraordinary rally was seen in both Sensex and Nifty. Sensex opened with a gain of 435 points and Nifty opened with a gain of 111 points. At the close, Sensex jumped 335 points to 79,724, while Nifty rose 94 points to close at 24,299. Amid all this, some stocks generated huge profits for investors. Acid Investment, the stock that recently bagged the title of India’s most expensive stock, was also trading in the upper circuit today. Today, the market capitalization increased by Rs 4.48 (4,48,10,607.55) lakh crore in a day. Due to which investors earned Rs 4 lakh crore in an hour.

The stock showed a boom in one day.

Today, that is, after Muhurat trading, the share price of Acid Investment is Rs 2,60,465, in which there is an upper circuit of 5 percent today. You can get an idea of ​​the specialty of this stock from the fact that it managed to earn Rs 12,403 per share in a day. A few days ago, the price of this stock was around Rs 3. When the shares of this company were auctioned on the orders of SEBI, its shares saw a record rise.

These companies also made investors rich.

During Muhurta trading, in the large cap category, shares of Mahindra, PNB, Zomato and Adani Green Energy gained the most, while if we talk about midcap shares, shares of Vodafone Idea, IRB Infra, Bharat Dynamic and Mangalore Refinery were the top gainers. main winners. While in small cap, this achievement was achieved by Bridge Enterprises, Piramal Pharma, NCC and IIFL Finance.

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These stocks became the heroes of the market.

When the market opened, a rise was seen in shares of Mahindra & Mahindra, Tata Motors, NTPC, BEL and Eicher Motors in Nifty-50. These turned out to be the top gainers of the stock market in the initial phase. As far as the shares of Adani Group are concerned, selling was seen in the shares of Adani Enterprises, while the shares of the group’s Adani Power and Adani Energy traded briskly. At the same time, Reliance Industries shares also saw a slight rise.

Why is Muhurta trade special?

Indian stockbrokers see Diwali as the beginning of their financial year. Many investors consider purchasing stocks during this period as a way to invite prosperity for the coming year. This is a time for traders to diversify their portfolio. In Muhurat operations there is usually active participation; This time, large and old investors are also working to diversify their portfolios. This time, most people focus on investing. Think that the money invested on this day will give good returns in the long term.

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