Nifty Trades Above 17,900, Sensex Surges XX Points In Diwali’s Muhurat Session

Indian stock indexes rose in an hourly flat trading session specifically on Diwali to mark the start of the Hindu New Year Sam Vat 2078.

The Senssex rose 436 points to a daily high of 60,208, with the Nifty 50 index rising on the back of HDFC Bank. Infosys, Reliance Industries, ICICI Bank, Hindustan Unileaver, Tata Consultancy Services and Axis. Above the psychologically important level of 17,900. Banks in positive global evidence.

At 18:20, the Sensex was up 347 points to 30,119 and the Nifty50 index was up 102 points at 17,932.

Now that the Fed’s large-scale stimulus program has successfully kicked off, traders will be looking to see if the Bank of England will become the first major central bank to raise interest rates since the COVID attack. Global stocks hit record highs on Thursday pending the Fed.