At the end of the trading day, the BSE Sensex was down 150.68 points or 0.18 per cent at 84,628.16, and the Nifty50 at the National Stock Exchange (NSE) was down 29.85 points or 0.11 per cent at 25,936.20.
The Muhurat trading session typically consists of all the market segments, including equity, commodity derivatives, currency derivatives, equity futures and options (F&O), and securities lending and borrowing (SLB), within this single, auspicious hour.
The Indian stock market closed with strong gains on Tuesday, driven by a rally in IT, pharma, and FMCG stocks, as investor sentiment improved amid rising expectations of a US interest rate cut later this month.
Indian stock markets continued their upward momentum on Friday with a positive opening, supported by optimism around the recently announced GST 2.0 reforms.
Indian stock markets fell for the third straight session on Friday, waiting for positive cues after the US decision to impose a 50 per cent tariff on Indian goods.
Indian stock market tumbled on the second consecutive session, ending in the red territory on Thursday due to the additional 25 per cent import tariffs by the US on Indian imports, which came into effect a day earlier.
The Indian stock market on Tuesday witnessed a sharp sell-off after the Trump administration issued a notification to impose an additional 25 per cent tariff on Indian imports. The secondary tariffs will come into effect from August 27 and take the total tariff on Indian goods to 50 per cent
Indian stock markets opened flat on Tuesday as continuous foreign portfolio investor (FPI) outflows kept indices in check, even as the government recently announced several consumption-boosting measures.
Indian stock markets opened flat on Thursday, marking a cautious start to the last trading session of the week as markets are closed on Friday for Independence day holiday.
Indian stock markets opened on a positive note on Wednesday as investor sentiment was lifted by further moderation in domestic inflation and strong global cues.