Indian equity indices rebounded from a two-day decline in the Muhurat Trading session for the occasion of Samvat 2081 as Mahindra and Mahindra, Tata Motors, and Axis Bank became top contributors to the BSE's benchmark.  

At closing, Sensex was up 335 points, or 0.42%, at 79,724 and the Nifty was up 99 points, or 0.41%, at 24,304.

Midcap and smallcap shares drove the rally.

The Nifty Midcap 100 index settled at 56,496, up 383 points, or 0.68% and the Nifty Smallcap 100 index closed at 18,794, up 192 points, or 1.03%.

The broader market trend was also positive during Muhurat trading.

On the Bombay Stock Exchange (BSE), 3,017 stocks closed in the green, 558 in the red, and 73 closed unchanged. Twenty-five out of 30 stocks in the Sensex pack closed in the green.

Mahindra & Mahindra, Tata Motors, Axis Bank, Kotak Mahindra Bank, Nestle, NTPC, Tata Steel, IndusInd Bank, Titan, UltraTech Cement, Sun Pharma, ITC, Bajaj Finance, TCS, Maruti Suzuki, and JSW Steel were the top gainers. HCL Tech, Tech Mahindra, Wipro, ICICI Bank, and Asian Paints were the top losers.

Almost all indices except IT closed in the green.

Auto, PSU Bank, Power, Realty, Fin Services, Pharma and FMCG were major gainers.

(This story was taken from syndicated feed and was only edited for style by Gujarat Samachar Digital staff)