New Delhi, July 29 (HS): The domestic stock market began today with initial declines but quickly saw buying interest emerge, leading to slight gains in the Sensex and Nifty indices within the first hour of trading. By 10 AM, the Sensex was up by 0.05 percent, while the Nifty gained 0.09 percent. Notable gainers included Jio Financial, JSW Steel, IndusInd Bank, Trent Limited, and Reliance Industries, with increases between 1.63 percent and 0.77 percent. Conversely, stocks such as Eternal, Bharat Electronics, Wipro, Infosys, and SBI Life Insurance experienced declines ranging from 1.72 percent to 0.91 percent.

During trading, 2,358 stocks were active, with 1,365 in the green and 993 in the red. Among the Sensex constituents, 16 stocks displayed buying pressure, while 14 faced selling pressure. In the Nifty index, 31 of the 50 stocks were in the green. The BSE Sensex opened at 80,620.25 points, initially dropping to 80,575.45 points, but rallied back into the green to reach 80,928.02 points by 10 AM. The NSE Nifty opened at 24,609.65 points, falling to 24,598.60 points, before recovering to 24,703.45 points as buying activity intensified.

On the previous trading day, the Sensex closed at 80,891.02 points, down by 572.07 points (0.70 percent), and the Nifty ended at 24,680.90 points, down by 156.10 points (0.63 percent).

Hindusthan Samachar / Jun Sarkar