
New Delhi, 19 January (H.S.): India's domestic stock markets opened weakly on Monday, with early trading reflecting broad pressure. Both benchmarks kicked off in the red amid tussles between buyers and sellers, causing volatile swings. By 10:00 AM, the Sensex traded 0.63% lower, while the Nifty slipped 0.67%.
Among heavyweight stocks by 10:00 AM, Tech Mahindra, InterGlobe Aviation, Axis Bank, Bajaj Finance, and Hindustan Unilever posted gains ranging from 1.57% to 3.12%. Conversely, Wipro, ICICI Bank, TMPV, Reliance Industries, and Max Healthcare declined between 1.30% and 8.64%.
Trading activity encompassed 2,646 stocks, with 707 advancing in green and 1,939 declining in red. Of Sensex's 30 components, 15 held green on buying support, while 15 traded red under selling pressure. In the Nifty 50, 20 stocks were green and 30 red.
BSE's Sensex opened 75.86 points lower at 83,494.49. Buyers and sellers vied for control from the bell, fueling ups and downs—the index touched a high of 83,539.93 on buying but plunged to 83,028.89 amid sales. By 10:00 AM, it stood at 83,045.76, down 524.59 points.
NSE's Nifty mirrored this, opening 41.25 points down at 25,653.10. Sellers dominated early, though sporadic buying provided brief support, leading to choppy moves. By 10:00 AM, it traded at 25,521.90, off 172.45 points.The prior session on Friday saw the Sensex close up 187.64 points (0.23%) at 83,570.35, while the Nifty ended 28.75 points (0.11%) higher at 25,694.35.
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Hindusthan Samachar / Jun Sarkar