Mahurat trading closes in the negative for the first time in 7 years. But statistics see good gains in the next two weeks after Diwali, reports CNBC TV18.

Mahurat trading ends with the Sensex losing 150 points and Nifty 35 points from the high of the day. The Sensex closed at 18764, down 294 points while Nifty closed at 5663, down 35 points from the previous close. The BSE Smallcaps Index was able to hold on to its gains and closed up 1%. The market breadth was negative with some profit booking (taking Laxmi or money home), with advances at 835 against declines of 326 on the NSE. The Nifty gainers included Hindustan Petroleum, BPCL, Suzlon Energy, RPL and Reliance Communications while losers included Wipro, Sun Pharmaceuticals, ACC, ICICI Bank and Bharti Airtel.