
New Delhi, September 11 (HS): Domestic equity markets witnessed fluctuations during the early session on Thursday, opening on a weak note before recovering briefly on buying support. Both the Sensex and Nifty managed to enter the green, only to face renewed selling pressure that trimmed gains. By 10 a.m., the benchmark indices were trading with a marginal uptick of 0.03 percent.
At this hour, frontline stocks such as NTPC, ONGC, State Bank of India, Jio Financial Services, and Bajaj Finance were trading higher, gaining between 0.59 to 1.15 percent. On the other hand, Dr. Reddy’s Laboratories, SBI Life Insurance, Tech Mahindra, Apollo Hospitals, and Hero MotoCorp slipped between 0.45 to 1.58 percent.
Market breadth reflected continued investor participation, with active trading in 1,836 stocks. Of these, 1,298 advanced while 538 declined. Among Sensex constituents, 21 stocks traded in the green while 9 declined, whereas in the Nifty range, 33 stocks posted gains and 17 slipped into the red.
The Sensex opened today’s trade with a steep decline of 207.85 points at 81,217.30, marking the first negative start of the week. However, early buying interest lifted the index to an intraday high of 81,583.88 within the first 15 minutes of trade. Subsequent profit-booking triggered selling, pulling the index lower again. By 10 a.m., the Sensex stood 28.16 points higher at 81,453.31.
Nifty mirrored similar movements, opening 27.60 points weaker at 24,945.50. Prompt buying support lifted it to 25,008.95, but the index soon faced downward pressure amid profit-taking. At 10 a.m., Nifty was trading 7.65 points higher at 24,980.75.
In the previous session on Wednesday, the Sensex had closed 323.83 points, or 0.40 percent higher, at 81,425.15, while the Nifty ended 104.50 points, or 0.42 percent higher, at 24,973.10.
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Hindusthan Samachar / Jun Sarkar