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Indian stock markets will operate on October 20. A special Muhurat trading session is scheduled for October 21, marking the new Samvat year. The markets will be closed on October 22. Experts anticipate festive optimism and corporate earnings to influence market sentiment. Investors are advised to focus on quality stocks.
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The government is upgrading its portal to quickly return unclaimed shares and dividends to investors. This new system will use artificial intelligence and data analytics. The aim is to settle claims in just 15 days. Investors will also be able to use a mobile app to track their claims. This initiative will streamline the process significantly.
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Nifty closed higher for the third consecutive week, nearing its record high of 26,277. Analysts suggest banking, financials, and consumption-themed sectors like automobiles and FMCG are strong bets. Investors are advised to buy on dips, with cautious outlook for IT and media sectors.
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News and Media
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