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With the March quarter earnings and elections as the next major trend, let's analyse between Nifty Bank and Nifty IT, which sector has better long-term investment opportunities.
Sensex closed with a gain of 159 points, or 0.25 per cent, at 63,327.70 while the Nifty ended at 18,816.70, up 61 points, or 0.33 per cent.
Indices of the Indian markets during the auspicious hour of the Muhurat trading on Diwali went up as Sensex surged 562 points to 59,869.22 and Nifty50 rose 157 points to 17,733.40 level on Monday.
Some of the most active stocks during the hour on BSE were Sasken which moved up about 15 per cent in the beginning, Borosil Renewables which surged about 5.23 per cent and Tejas Networks which rose about 5.8 per cent.
Get latest articles and stories on Business at LatestLY. The special trading window marks the beginning of Samvat 2079. It is the Hindu calendar that starts on Diwali. Business News | Market Indices Rise During Muhurat Trading, Sensex Up 562 Points, Nifty Rises 157 Points.