Muhurat Trading session for Samvat 2064 was not very good for Bombay Stock Exchange’s Benchmark SENSEX as it closed below 19,000. The Stock markets opened strong with a gain of more than 220 points. The Muhurat Trading session on Diwali was of 1 hour only and in last 20 minutes of trading, BSE Sensex lost ground after profit booking. BSE ended 151 points lower.

National Stock Exchange Nifty was down by 35 points at 5663. Nifty touched a high of 5794.20 and a low of 5614.90 points registering a big 180 points swing within one hour of Muhurat trading.

Some Foreign Funds have been selling in Indian Stock markets since last week. Some local mutual funds have been buying but the Fresh money from overseas was less during the past one week. This is another reason for loss for Indian Stocks.

The Global Oil prices are hovering around their all-time highs. US markets were also weak. Chinese stock markets were also lower. US Fed Chairman Mr. Ben Bernanke said that there could be lower growth for US markets and inflation could be higher. However, Mr. Ben declined the possibility of recession in the United States.

Samvat 2063 was a great year for Indian Stock Markets. BSE Sensex hit an all time high and crossed 20,000-mark. Indian investors made a lot of money in mid-caps and blue-chips during the year.

Reliance Group was a big winner in Samvat 2063. Grasim, ACC, L&T, Suzlon, SAIL and many other PSU, Old economy counters offered decent returns to investors. Technology Stocks could not perform well during the past year as their margins were lower. They were also hit by rising value of INR against USD.