New Delhi, 27 February (H.S.):
India's benchmark stock indices opened under pressure in early trading today, with the Sensex and Nifty both sliding as selling intensified shortly after the session began. Initial buying attempts failed to sustain momentum, leading to a pronounced downturn by 10:00 AM.The BSE Sensex shed 467.18 points, or 0.57 percent, to trade at 81,781.43, having opened marginally lower at 82,220.48—down 28.13 points.
Similarly, the NSE Nifty plunged 167.15 points, or 0.66 percent, to 25,329.40 after an initial drop of 36.70 points to 25,459.85.
Among Sensex heavyweights, IT counters like Infosys, Tech Mahindra, Trent Limited, HCL Technology, and Wipro bucked the trend, gaining between 0.41 and 1.32 percent. In contrast, Maruti Suzuki, Shriram Finance, Hindustan Unilever, Max Health Care, and Coal India declined from 1.12 to 1.44 percent.
Out of 2,603 active stocks, 907 advanced while 1,696 declined, underscoring broad-based weakness.Within the Sensex's 30 components, only six remained in green, with 24 in red; the Nifty's 50 stocks saw 11 gainers against 39 losers.
This followed Thursday's close, where the Sensex ended 27.46 points lower at 82,248.61 (down 0.03 percent), and the Nifty edged up 14.05 points to 25,496.55 (up 0.06 percent). Market sentiment reflected global cues and profit booking, with bears dominating proceedings.
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Hindusthan Samachar / Jun Sarkar
