New Delhi, August 21 (H.S.) : Indian equities started Thursday’s session on a positive note as both the Sensex and Nifty opened higher, but early gains quickly faced selling pressure, trimming the rally. Despite the volatility, both indices managed to stay in the green by mid-morning.
By 10 AM, the Sensex was trading 245.53 points higher at 82,103.37, up 0.30%, while the Nifty gained 48.75 points to 25,099.30, marking a 0.19% rise.
At market open, the BSE Sensex had surged 362.62 points to 82,220.46, before slipping on profit-booking. Similarly, the NSE Nifty opened at 25,142, jumped by 91.45 points, but quickly corrected to 25,054.90 in the first half-hour as selling pressure emerged. Later, renewed buying helped both benchmarks recover part of their losses.
Top gainers in early trade included SBI Life Insurance, Reliance Industries, Bajaj Finserv, Trent Ltd., and HDFC Life, advancing between 0.87% and 1.34%. On the other hand, Tata Consumer Products, Coal India, Hindustan Unilever, Tech Mahindra, and Eicher Motors were among the laggards, declining between 1.09% and 1.32%.
The broader market also reflected upbeat sentiment: out of 2,441 actively traded stocks, 1,550 were in the green, while 891 were in the red. In the Sensex basket of 30 stocks, 17 were gainers and 13 were losers; within the Nifty 50, 26 advanced and 24 declined.
On Wednesday, markets had ended on a positive note, with the Sensex closing 213.45 points higher at 81,857.84 and the Nifty adding 69.90 points to settle at 25,050.55.
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Hindusthan Samachar / Jun Sarkar
