New Delhi, Sept 25 (HS): Indian equity benchmarks opened on a weak note Thursday, reflecting selling pressure in early trade. The market began in the red but briefly turned positive as initial buying lifted both Sensex and Nifty into green territory. However, the rebound could not hold for long and renewed selling soon dragged the indices down again.

By 10:15 a.m., after the first hour of trade, the Sensex was down 103.16 points at 81,612.47, a decline of 0.13 percent, while the Nifty slipped 22.75 points to 25,034.15, lower by 0.09 percent.

Market Snapshot

Sensex: Opened 141.32 points lower at 81,574.31; touched an intraday high of 81,840.73 and a low of 81,492.37 during volatile trade.

Nifty: Started 22.40 points down at 25,034.50; gained to 25,092.70 at its peak and slipped to 25,003.90 at the day’s low.

Sector and Stock Action

Among Sensex heavyweights, Hindalco Industries, ONGC, Apollo Hospitals, Bharti Airtel and Larsen & Toubro traded with gains of 0.25 percent to 1.09 percent. On the downside, Tata Motors, Asian Paints, Titan Company, Maruti Suzuki and Shriram Finance slipped between 0.89 percent and 2.39 percent.In broader market action, 2,204 stocks were actively traded. Of these, 1,182 advanced, while 1,022 declined.

On the Sensex, 12 of the 30 components were in positive territory, while 18 were under selling pressure. Similarly, on the Nifty, 24 of the 50 shares traded higher and 26 were in the red.Previous Session RecapOn Wednesday, the Sensex had settled 386.47 points lower at 81,715.63, down 0.47 percent, while the Nifty closed 112.60 points weaker at 25,056.90, marking a 0.45 percent decline.

Hindusthan Samachar / Jun Sarkar