New Delhi, Dec 11 (HS). The stock market opened on a weak note on Thursday, the fourth trading day of the week, with both benchmark indices slipping into the red. Early trade remained volatile, and the US Federal Reserve’s 25-basis-point rate cut showed no direct impact on Indian markets.

At present, the Bombay Stock Exchange (BSE) Sensex is trading 152.62 points or 0.18% lower at 84,238.66. The National Stock Exchange (NSE) Nifty has fallen 55.55 points or 0.22% to 25,702.45.

Among Sensex heavyweights, shares of Infosys, Eternal, Tata Steel, Maruti Suzuki, Adani Ports, HCL Tech, SBI, TCS, L&T and Tech Mahindra saw buying interest, gaining up to 1.1%. However, Titan, Power Grid, Bharti Airtel, NTPC, Asian Paints, ITC, Reliance Industries, Bajaj Finserv and ICICI Bank traded under pressure in early deals.

The Indian rupee weakened by 17 paise in early trade, slipping to 90.11 per US dollar amid continuous foreign capital outflows.

A day earlier, the BSE Sensex had closed 275.01 points (0.32%) lower at 84,391.27, while the NSE Nifty ended 81.65 points (0.32%) down at 25,758.

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Hindusthan Samachar / Jun Sarkar