New Delhi, May 19 (H.S.): During early trading in the domestic stock market today, it appears to be trading at flat levels amid fluctuations. The trading for today started mixed. Right after the market opened, support from buying seemed to create a slight upward trend in both the Sensex and Nifty indices, but shortly after, due to selling pressure, both indices plunged into the red. However, around 10 AM, once again, buying momentum seemed to develop in the market, leading to an improvement in the stock market situation. After the first hour of trading, the Sensex was up by 0.03 percent and the Nifty was up by 0.08 percent.

After the first hour of trading, some of the big stocks in the stock market, such as Bajaj Auto, Hero MotoCorp, Eicher Motors, Tata Motors, and Bajaj Finance, were trading up between 2.58 percent and 0.75 percent. Conversely, shares of Infosys, Eternal, TCS, HCL Technologies, and Tech Mahindra were trading down between 1.36 percent and 0.82 percent.

So far in today’s trading, there has been active trading in 2,510 stocks in the stock market. Among these, 1,839 stocks were trading in the green, making a profit, while 671 stocks were trading in the red, incurring losses. Similarly, out of the 30 stocks included in the Sensex, 19 stocks remained in the green due to buying support. On the other hand, 11 stocks were trading in the red under selling pressure. Meanwhile, in the Nifty, out of 50 stocks, 35 stocks were seen trading in the green and 15 stocks in the red.

The BSE’s Sensex opened today with a symbolic increase of 24.33 points at the level of 82,354.92 points. As soon as trading began, supported by buying, the index jumped to 82,380.08 points. However, shortly after that, sellers exerted pressure, causing the index to dip into the red. By around 10 AM, with purchasing starting in the market, the index began to show signs of recovery once again. After the first hour of continuous buying and selling in the market, at 10:15 AM, the Sensex was trading at a level of 82,353.38 points, up by 22.79 points.

In contrast to the Sensex, the NSE’s Nifty started trading today with a weakness of 14.45 points at the level of 25,005.35 points. Right after the market opened, the index jumped to a green mark of 25,058.70 points due to buying support, but after a while, due to selling pressure, it fell to 24,965.80 points in the red. Following this decline, buyers once again attempted to boost purchases, which led to an improvement in the index’s position. After the first hour of trading amid continuous buying and selling, at 10:15 AM, Nifty was trading at a level of 25,039.65 points, up by 19.85 points.

Previously, on the last trading day of the last week, Friday, the Sensex closed at 82,330.59 points, down by 200.15 points or 0.24 percent. Meanwhile, Nifty ended Friday’s trading at a level of 25,019.80 points, down by 42.30 points or 0.17 percent.

—————

Hindusthan Samachar / Indrani Sarkar