Delhi, 29 October (H.S.): The Indian stock market experienced a volatile session on Wednesday as benchmark indices traded with modest gains amid a persistent tug-of-war between buyers and sellers. After a slightly positive opening, both the Sensex and Nifty fluctuated, reflecting the indecisive market sentiment.
By mid-morning, the Sensex had gained 0.16 percent and the Nifty was up 0.18 percent.The BSE Sensex, which opened at 84,663.68, saw significant intraday movement, reaching a high of 84,916.10 before touching a low of 84,638.68. However, the index consistently remained in positive territory.
As of 10 AM, the Sensex was trading 132.02 points higher at 84,760.18. Similarly, the NSE Nifty began the day at 25,982 and navigated a range between 26,025.05 and 25,960.30. By the same time, it had risen by 47.60 points to trade at 25,983.80.
Among the top-performing large-cap stocks, Tata Steel, Tata Consumer Products, SBI Life Insurance, NTPC, and Larsen & Toubro posted gains ranging from 0.67 percent to 2.63 percent.
Conversely, some financial and healthcare stocks faced selling pressure, with Shriram Finance, Bajaj Finance, Bajaj Finserv, Axis Bank, and Apollo Hospitals registering declines between 0.22 percent and 0.64 percent.The broader market breadth was positive, indicating underlying strength. Of the 2,064 stocks being actively traded, 1,224 advanced while 840 declined.
The trend was mirrored in the main indices, with 18 of the 30 Sensex constituents and 33 of the 50 Nifty constituents trading in the green. This cautious optimism follows a weak closing on Tuesday, when the Sensex fell by 150.68 points and the Nifty declined by 29.85 points.
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Hindusthan Samachar / Jun Sarkar
