New Delhi, August 14 (HS): Indian equity benchmarks rebounded from early losses on Thursday, with both the Sensex and Nifty managing to trade in positive territory by mid‑morning as buying interest offset initial selling pressure.

The Sensex opened 85 points higher at 80,625.28 but quickly slipped to 80,489.86 in the first minutes of trade. The Nifty too dipped to 24,604.60 after opening marginally lower at 24,607.25. However, sustained buying in select heavyweight stocks lifted market sentiment, pushing both indices back into the green.

By 10:00 a.m., the Sensex was up 92.69 points (0.12%) at 80,632.60, while the Nifty had gained 13.75 points (0.06%) to 24,633.10.

Stock Movers

Top gainers in the early session included HDFC Life, Infosys, Wipro, Dr. Reddy’s Laboratories, and Maruti Suzuki, rising between 0.69% and 1.62%. On the downside, Tata Steel, ONGC, Bharat Electronics, Hindalco Industries, and Adani Ports fell between 0.98% and 1.94%.

Market Breadth

Trading activity was evenly split, with 1,168 stocks advancing and 1,208 declining out of 2,376 actively traded counters. Among Sensex constituents, 19 were in positive territory while 11 traded lower. For the Nifty 50, 28 stocks were gainers and 22 lagged.

Backdrop

The movement follows Wednesday’s strong close, when the Sensex climbed 304.32 points (0.38%) to 80,539.91 and the Nifty advanced 131.95 points (0.54%) to 24,619.35, setting an upbeat tone for the current session.

Analysts expect intraday volatility as investors track global market cues, but say the underlying sentiment remains cautiously optimistic ahead of key economic data and corporate earnings.

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Hindusthan Samachar / Jun Sarkar