After hitting their new 52-week highs in the one-hour special Muhurat trading on Tuesday, equity benchmarks – Nifty 50 and Sensex – closed only around 0.1% higher due to profit-booking. This was the worst Muhurat trading session in eight years. However, broader indices outperformed the benchmark indices.

The Nifty 50 settled at 25,868.60 points after hitting 25,934.35 intraday, its highest level since September 30, 2024 and the 30-stock Sensex closed at 84,426.34 after touching a new 52-week high of 84,665.44. BSE smallcap closed nearly 1% higher and BSE Midcap was 0.2% higher at close.

The investor wealth also touched a new one-year high of Rs 470.1 lakh crore gaining Rs 115,248 crore in Tuesday’s Muhurat session.

However, the overall mood was quite buoyant. Nilesh Shah, MD, Kotak M

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