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As trading returns following the midweek Diwali holiday and Tuesday’s token Mahurat trading session, the GIFT Nifty, an early predictor of how key indices in India are likely to open up for trade, is pointing to a sharp gap-up for Dalal Street.

During the Muhurat trading session, the Indian equity market got off to a strong start thanks to encouraging global trends. While Wall Street saw a robust overnight surge that improved investor mood, Asian markets saw higher trading.

Extending its winning streak for the fifth consecutive session, the Nifty closed higher in Samvat 2082’s first session at 25,869, up 25 points. The index closed the Muhurat session in the green for the eighth consecutive time.

As the trading session resumes to the usual affairs, some of the stocks to focus on include PNB, BEL, Dr Reddy’s, Tata Motors, among others.

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