New Delhi, Sept 5 (HS):

Indian equities came under pressure in Friday’s early trade, with both benchmark indices — the BSE Sensex and NSE Nifty — slipping into negative territory despite a firm start.

The session opened on a positive note, driven by early buying support. The Sensex opened 294.41 points higher at 81,012.42, briefly touching an intraday high of 81,036.56, while the Nifty opened 84.55 points up at 24,818.85 and climbed to 24,832.35.

However, profit-booking soon set in, pulling both indices lower. By 10:15 am, after the first hour of trade:

-Sensex was down 43.14 points at 80,674.87 (–0.05%).

-Nifty was trading 52.85 points lower at 24,681.45 (–0.21%).

Gainers & Losers

Among Sensex heavyweights:

Gainers: Mahindra & Mahindra, Eicher Motors, Maruti Suzuki, Tata Motors, and Jio Financial gained between +2.15% and +1.21%.

Losers: ITC, Nestle, Coal India, JSW Steel, and NTPC fell in the range of –1.95% to –0.21%.

Market Breadth

-Out of 2,450 actively traded stocks, 1,552 were in the green, while 898 were in the red.

-Within the Sensex’s 30 components, 12 gained while 18 declined.

-In the Nifty’s basket of 50, 31 advanced and 19 slipped.

Previous Session Recap

On Thursday, the Sensex had closed 150.30 points higher (0.19%) at 80,718.01, while the Nifty settled 19.25 points up (0.08%) at 24,734.30.

Outlook: Analysts note that while early buying shows investor confidence, consistent selling pressure indicates cautious sentiment ahead of global market cues and macroeconomic data.

—————

Hindusthan Samachar / Jun Sarkar