New Delhi, July 17 (H.S.): The domestic stock market faced pressure during early trading today, starting with a rise before falling into the red due to selling pressure shortly after opening. By 10 a.m., the Sensex was down 0.08 percent, trading at 82,570.64 points, while the Nifty was down 0.07 percent at 25,194.30 points. Initial attempts by buyers to boost the market after the first half hour provided only a slight improvement.
Among blue-chip stocks, gains were seen in Sun Pharmaceutical, Hindalco Industries, Apollo Hospital, Bharat Electronics, and Tata Motors, which rose between 0.29 to 0.63 percent. In contrast, SBI Life Insurance, Tech Mahindra, ICICI Bank, Eternal, and HDFC Life saw declines ranging from 0.79 to 1.18 percent.
Out of 2,407 actively traded stocks, 1,431 were in the green, while 976 were in the red. In the Sensex, 16 of the 30 stocks remained positive, while 14 were negative; of the 50 Nifty stocks, 24 showed gains and 26 losses.
The BSE Sensex opened at 82,753.53, up by 119.05 points but lost all its gains quickly after due to selling. Despite buyers’ attempts to stabilize the market, the selling pressure was dominant. The previous session closed with the Sensex at 82,634.48, up by 63.57 points or 0.08 percent, and Nifty at 25,212.05, up by 16.25 points or 0.06 percent.
Hindusthan Samachar / Jun Sarkar
