New Delhi, August 13(HS): The domestic equity markets kicked off Wednesday’s session on a firm footing, with benchmark indices showing resilience despite initial volatility. Both Sensex and Nifty opened higher, briefly slipped under selling pressure, but quickly regained momentum as buyers stepped in aggressively.

By 10:00 AM IST, the BSE Sensex was trading 304.19 points higher at 80,539.78, up 0.38%, while the NSE Nifty gained 111.40 points or 0.45% to trade at 24,598.80.

Among the top gainers were Apollo Hospitals, Hindalco Industries, Tata Motors, Hero MotoCorp, and Power Grid Corporation, posting gains between 0.60% and 5.39%. In contrast, counters like Maruti Suzuki, Bajaj Finserv, Tech Mahindra, Axis Bank and Titan Company edged lower, slipping between 0.21% and 0.62%.

Market breadth was positive, with 1,351 stocks advancing against 744 declines on the BSE. Of the 30 Sensex constituents, 22 were in the green, while 8 traded in the red. The Nifty basket saw 38 gainers against 12 laggards.

The Sensex had opened 256.58 points up at 80,492.17 before dipping to an intraday low of 80,330.33. The Nifty mirrored the trend, opening with a 98.80-point jump at 24,586.20, slipping to 24,535.25, and then rebounding sharply on fresh buying interest.

This comes after Tuesday’s session saw profit-taking, with the Sensex ending 368.49 points lower at 80,235.59 and the Nifty shedding 97.65 points to close at 24,487.40. Today's early rebound suggests renewed investor optimism ahead of key market triggers.

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Hindusthan Samachar / Jun Sarkar