New Delhi, May 28 (H.S.): The domestic stock market exhibited pressure during early trading today, starting flat before encountering mixed results. Following the market’s open, buying interest was evident, but broad-based selling soon took over, pushing both the Sensex and Nifty indices into negative territory. By 10 AM, the Sensex had declined by 0.22 percent, while the Nifty was down 0.20 percent. Among blue-chip stocks, Jio Financial, Infosys, Dr. Reddy’s Laboratories, HDFC Life, and SBI Life Insurance saw gains between 1.10 percent and 0.45 percent. Conversely, ITC, JSW Steel, Mahindra and Mahindra, Tata Consumer Products, and Titan Company faced declines from 3.52 percent to 0.92 percent.
In total, 2,364 shares were actively traded, with 1,416 in profit and 948 in loss. Within the Sensex’s 30 shares, 10 were up, while 20 were down; in the Nifty’s 50 stocks, 16 were in the green and 34 in the red. The BSE Sensex opened at 81,457.61 points, losing 94.02 points initially but momentarily reached 81,613.36 points due to buying interest. However, selling pressure quickly retracted gains, with the index dropping to 81,371.65 points by 10 AM, down 179.98 points. The NSE Nifty started with a slight gain at 24,832.50 points, briefly rising to 24,864.25 points before decreasing to 24,777.05 points, down 49.15 points. In the previous session, the indices closed lower, with the Sensex down 624.82 points and the Nifty down 174.95 points.
Hindusthan Samachar / Jun Sarkar
