Delhi, 31 October (H.S.): Indian equity markets are experiencing a volatile trading session this Friday, with benchmark indices Sensex and Nifty trading under pressure amidst fluctuating buying and selling interest. Both indices opened with minor losses and saw increased selling pressure shortly after, though a brief recovery pushed them into positive territory before they slipped back into the red.

After the first hour of trading, the BSE Sensex was down approximately 26.84 points (0.032%) at 84,377.62, while the NSE Nifty 50 had fallen by 10.90 points (0.042%) to trade at 25,866.95.

Market Trajectory and Key Movers

The trading day began with the Sensex opening at 84,379.79, down 24.67 points . It quickly fell to an intraday low of 84,258.91 before a surge of buying pushed it to a high of 84,712.7. However, the gains were short-lived as renewed selling pressure dragged the index back down. A similar pattern was observed in the Nifty, which opened at 25,863.80 and fluctuated between a low of 25,822.10 and a high of 25,953.75.

The market breadth was evenly split, indicating a tug-of-war between bulls and bears. Out of 2,521 stocks actively trading, 1,516 were advancing while 1,005 were declining. The major indices reflected this split, with 15 of the 30 Sensex stocks and 25 of the 50 Nifty stocks trading in the green.

Top Gainers: Leading the advance were shares of Maruti Suzuki, Bajaj Finance, Larsen & Toubro, Tata Motors, and TCS, which were up between 0.85% and 1.57%.

Top Losers: On the other hand, shares of NTPC, Max Healthcare, Cipla, InterGlobe Aviation, and Hindalco Industries were the biggest laggards, trading down by 0.91% to 1.80%.This performance follows a weak closing on Thursday, where the Sensex ended down 592.67 points (0.70%) and the Nifty fell 176.05 points (0.68%) .

—————

Hindusthan Samachar / Jun Sarkar