Perspective on Muhurat Trading by Hemang Jani, Motilal Oswal
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Below are Perspective on Muhurat Trading by Hemang Jani, Head- Equity Strategy, B&D, Motilal Oswal Financial Services
"Participation by clients in special muhurat trading session was enthusiastic, as Nifty and Sensex are at all time high levels, global markets are resilient and Q2 earning season has been very strong. Today there was strong move in names like BPCL HPCL IOC due to progress in the divestment of BPCL. Tata steel was up 1% due to strong nos on friday and insurance cos like HDFC Life and SBI life continue to remain strong. Markets are likely to remain strong as flows into EMs (Emerging Markets) has improved in Nov. and Govt too has been taking steps to revive the economy thru PLI schemes."
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