New Delhi, March 11 (H.S.): The domestic stock market faced early pressure today, starting with a decline in trading. After opening, the Sensex and Nifty indices showed slight weakness, but buying activity emerged, aiding recovery from lower levels.

After the first hour, the Sensex was down by 0.29 percent, while the Nifty dropped by 0.17 percent. Leading stocks like Sun Pharmaceuticals, ICICI Bank, BPCL, Adani Enterprises, and Britannia gained between 2.25 percent to 0.85 percent, whereas IndusInd Bank, Infosys, Wipro, Mahindra and Mahindra, and Bajaj Finserv experienced declines of 20.01 percent to 2.06 percent. In the session, 2,467 stocks were actively traded, with 565 in the green and 1,902 in the red. Within the Sensex’s 30 stocks, 9 were gaining due to buying support, while 21 were under selling pressure. In the Nifty, 21 stocks were in the green, and 29 were in the red.

The BSE’s Sensex opened down 371.29 points at 73,743.88 but dropped to 73,663.60 before recovering slightly. By 10:15 AM, it was at 73,898.38, down 216.79 points. Similarly, the Nifty started down by 114.35 points at 22,345.95, dipping to 22,314.70 before improving to 22,421.75, down 38.55 points at that time. On the previous trading day, the Sensex closed at 74,115.17 (down 217.41 points or 0.29 percent) and the Nifty finished at 22,460.30 (down 92.20 points or 0.41 percent).

Hindusthan Samachar / Jun Sarkar