Sat Nov 02 05:53:54 UTC 2024: ## Indian Markets Kick Off New Year With Positive Muhurat Trading Session

**Mumbai, India** – The Indian stock market commenced the new Samvat 2081 year with a positive Muhurat Trading session on November 1st, 2024. The special one-hour trading session, held between 6 pm and 7 pm, saw the BSE Sensex close at 79,724.06, up 335.06 points or 0.42%, while the NSE Nifty closed at 24,343.35, up 99 points.

The session saw a surge in optimism, with most sectors ending the day in the green. The NSE Auto, Realty, and Consumer Durables sectors saw the highest gains, with each sector closing over 1% higher. Notably, Mahindra & Mahindra shares saw the most significant increase, closing 3.54% higher at ₹2,824.00.

Despite the overall positive sentiment, only three Sensex companies closed in the red: HCL Technologies, Tech Mahindra, and ICICI Bank.

**Pre-Open Session Shows Early Optimism**

The Muhurat Trading session started with a positive pre-open session, with both the BSE Sensex and NSE Nifty opening in the green. The Sensex reached 80,446.54, while the Nifty reached 24,327.60, indicating a strong start to the new year.

**GST Collections Boost Confidence**

The positive mood in the market was further supported by news of strong GST collections in October 2024. The revenue reached ₹1.87 lakh crore, a six-month high, signaling robust economic activity.

**Looking Ahead**

The Muhurat Trading session served as a positive start to the new Samvat year, with investors anticipating further growth in the coming months. The session also highlighted the overall optimistic outlook for the Indian economy.

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