New Delhi, 07 April (H.S.):

India's domestic stock market opened weak today but staged a recovery from early lows during initial trading. Both Sensex and Nifty indices plunged at the opening bell before buyers stepped in, gradually improving their trajectory.

By 10 AM, Sensex traded 0.28% lower while Nifty slipped 0.37%. Among heavyweight stocks, Hindalco Industries, Wipro, ONGC, Bajaj Finance, and Coal India gained between 0.72% and 3.28%. In contrast, Max Healthcare, InterGlobe Aviation, Eternal, Mahindra & Mahindra, and Eicher Motors declined from 1.86% to 2.65%.

Out of 2,649 active stocks, 1,387 traded in the green while 1,262 remained in the red. Within Sensex's 30 stocks, 11 showed gains from buying support, but 19 faced selling pressure. Nifty's 50 stocks saw 14 advances against 36 declines.

BSE Sensex opened 372.49 points down at 75,734.36, sliding further to 73,282.41—a 824.44-point drop—before recovering to 73,902.58, down 204.27 points by 10 AM. NSE Nifty began 129.55 points lower at 22,838.70, hit 22,719.30 after a 248.95-point fall, then rebounded to 22,883.45, off 84.80 points.

On Monday, Sensex had closed 1.07% higher at 74,106.85 (up 787.30 points), with Nifty gaining 1.12% to end at 22,968.25 (up 255.15 points).

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Hindusthan Samachar / Jun Sarkar