Delhi, 20 October (H.S.): Domestic stock markets demonstrated resilience on Monday, maintaining gains despite facing pressure from profit-taking in early trade. Both the BSE Sensex and NSE Nifty opened higher and saw a sharp initial surge before paring some of the advances.

As of 10 AM, the Sensex was trading 0.39% higher, while the Nifty had gained 0.38%. Market sentiment remained positive, with both indices holding steady in the green.Leading the rally were heavyweight stocks such as Reliance Industries, Jio Financial, Dr. Reddy’s Laboratories, State Bank of India, and Apollo Hospitals, which registered gains ranging from 1.10% to 2.82%. On the other hand, shares of ICICI Bank, JSW Steel, Trent Ltd, Tata Steel, and ONGC were among the top losers, falling by as much as 1.79%.

Market breadth was positive, with 1,265 stocks advancing against 943 decliners on the exchanges. Among the 30 Sensex constituents, 21 were trading with gains, while in the 50-share Nifty pack, 36 stocks were in positive territory.The BSE Sensex opened at 84,269.30 and touched an intraday high of 84,656.56 before profit-booking set in.

By 10 AM, it was trading at 84,283.66. Similarly, the NSE Nifty started at 25,824.60, hit a high of 25,926.20, and was later quoted at 25,808.35.On the previous trading day, Friday, the Sensex had closed at 83,952.19, and the Nifty had ended the session at 25,709.85.

Hindusthan Samachar / Jun Sarkar