Diwali Muhurat Trading 2022: Top 5 Gainers And Losers

Share markets remained upbeat on the festival of Diwali and the start of Samvat 2079. BSE Sensex gained 524 points to close at 59831 and NSE Nifty gained 154 points high to close at 17730 on Monday, October 24, 2022.

It is worth noting that exchanges organize a special Muhurat Trading session on Diwali every year. The session is one-hour long. The session also marks the start of a new Samvat 2079, Hindu calendar year that begins on the auspicious day of Diwali. There is a strong belief that during "Muhurat Trading" brings prosperity and growth for stakeholders.

Here is a look at top 5 gainers and losers during Muhurat Trading:

Top 5 Gainers

Finolex Cables Ltd: The stock gained a whopping 6.17% to end at 524 apiece. It ha a market capitalisation of Rs 8018 crore.

Ratnamani Metals and Tubes Ltd: The stock gained 4.77% during Diwali Muhurat Trading to end at 2097 apeice. Ratnamani Metals operates in Metals and Ferrous sector. It ha a market capitalisation 14, 704 crore.

Future Lifestyle Fashions Ltd: The stock ended 4.20% higher to close at 6.94 apiece on October 24. The company has a market capitalisation of Rs 140 crore. It operates in Retail sector and came into existence in 2012.

Nestle India Ltd: The scrip gained 2.92% to close at 20867 apiece on Muhurat Trading. The company has a market capitalisation of Rs 2,01,199.35 crore. The large cap company operates in FMCG sector.

ICICI Bank Ltd: The stock gained 2.07% on Monday to end at 925 apiece. The banking stock has a market capitalisation of Rs 6,45,373.73 crore.

Top 5 Losers

Chalet Hotels Ltd: The stock shed 5.54 points during Muhurat Trading to end at 364 apiece. It has a market capitalisation of Rs 7,462 crore.

RBL Bank Ltd: The scrip ended in red with a loss of 4.58% to end at 127 apiece on Monday. The banking company has a market capitalisation of Rs 7,625 crore. The banking company was incorporated in 1943.

Hindustan Unilever Ltd: The stock fell 3.05% to end at 2574 apiece. The company has a market capitalisation of Rs 6,04,831.78 crore. The large cap company operates in FMCG sector.

GE T&D India Ltd: The stock declined 1.88% to end at 127 apiece. It has a market capitalisation of Rs 3270 crore. The mid cap company operates in Power sector and incorporated in 1957.

Kotak Mahindra: The scrip fell 0.42% to end at 1894 apiece on Monday. The company has a market capitalisation of Rs 3,76,267.63 crore.