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Stock Markets Open Firm; Sensex and Nifty Edge Higher

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New Delhi, September 12 (HS): The domestic equity market opened on a positive note on Friday, displaying firm momentum despite initial volatility. Both the Sensex and Nifty began trading with gains, but selling pressure emerged soon after the opening bell, briefly pulling the indices lower. However, sustained buying support ensured that both benchmarks remained in positive territory. By 10 a.m., the Sensex was up 0.21 percent, while the Nifty had gained 0.22 percent.

Early Trade Highlights

At 10 a.m., frontline stocks such as Tata Motors, Hero MotoCorp, Maruti Suzuki, Axis Bank, and Larsen & Toubro were trading with gains between 0.96 percent and 1.68 percent.

On the other hand, Tech Mahindra, SBI Life Insurance, State Bank of India, Titan Company, and ICICI Bank were among the early laggards, posting declines ranging from 0.04 percent to 0.45 percent.

Market Breadth

So far in the session, 2,058 shares have been actively traded. Of these, 1,126 were in positive territory, while 932 slipped into losses. Within the Sensex basket of 30 stocks, 20 were trading higher and 10 in the red. In the Nifty index, 32 shares advanced while 18 declined.

Index Performance

The BSE Sensex opened 210.22 points higher at 81,758.95. Heavy selling in the initial minutes dragged it down to 81,641.38, but prompt buying helped the index recover. By 10 a.m., it was trading at 81,720.59, up 171.86 points.

The NSE Nifty began the session with a jump of 68.95 points at 25,074.45. Post opening, profit-booking led to a dip to 25,038.05, before renewed buying interest lifted it. By 10 a.m., the Nifty stood at 25,060.05 — a gain of 54.55 points.

Previous Session Recap

On Thursday, the Sensex had closed 123.58 points, or 0.15 percent, higher at 81,548.73, while the Nifty ended the day with a gain of 3

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Hindusthan Samachar / Jun Sarkar

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