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Muhurat Trading: Sensex Rises 82 Points, Nifty at 25,024
Sentiment: NeutralHigh Priority
What Happened?
During the Muhurat trading session on Sunday, the Sensex rose by 82 points, closing at 81,132.38, while the Nifty50 increased by 38.45 points to 25,068.80.
Key points
- KIOCL shares rose 3.13% to ₹348.15 after a net profit of ₹5 crore in Q2FY27.
- HBL Engineering shares dropped 7.7% to ₹774.60, with a 50% decline in net profit to ₹193 crore.
- Divi's Laboratories shares jumped 6.10% to ₹10,950, with a 64% increase in net profit to ₹1,127 crore.
- Tata Steel shares gained 3.16% to ₹192.12, reporting a 58% rise in net profit to ₹3,666 crore.
- Finolex Cables shares surged 14.12% to ₹1,245, with a 68% increase in net profit to ₹273 crore.
Key insights
- The rise in Sensex and Nifty during Muhurat trading indicates positive investor sentiment during this auspicious time.
- KIOCL's profit growth may attract more investors, potentially boosting its stock further.
- The decline in HBL Engineering's profits could raise concerns among investors about its future performance.
Why it matters
The performance of key stocks during Muhurat trading may influence investor sentiment going forward.
Tags
Entities
KIOCL· CompanyHBL Engineering· CompanyDivi's Laboratories· CompanyTata Steel· CompanyFinolex Cables· CompanySensex· IndexNifty50· Index
Source
Business Standard
