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Below Muhurat Trading Day: Facts & Trends (NSE) from Sriram BKR, Senior Investment Strategist at Geojit Financial Services

• Samvat 2080 Muhurat day (12-Nov-23), saw trades across 2431 cos, a new high, with more new listings over years.

• Muhurat day registered a turnover of 14091.3 Crs, an all-time high, up 34.7% YoY, after a dip in 2022.

• Muhurat Day closed positive for the 6th year in a row.

• 80% of securities advanced during the day, 16% declined and 3% remained unchanged. Advance/Decline Ratio stood at 4.90. It stayed above 3, for the 6th straight year.

Among the Cluster Wise Turnover share:

• Top-50 companies' share in total turnover drastically dropped to 41%, a new low. The share gradually declined from 2008 till 2018 and it went up in 2019.

• Cos with turnover rank between 51 to 100 registered a share of 14.3%, down from last year.

• Cos between 101 to 200 had a share of 14%, also down from 2022.

• Cos between 201 to 500 (the next 300 cos) saw its share jump to 18.5%, a new high.

• Remaining companies' count stood at 1931. Their share in total turnover has nearly doubled YoY to 12.3%

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