New Delhi, 18 June (H.S.):

The four-day winning streak in the domestic stock market briefly came under pressure on Thursday as Indian benchmark indices opened on a subdued note before recovering into positive territory. Despite optimism surrounding the US-Iran agreement and declining crude oil prices, the market witnessed initial weakness before rebounding during early trade.

At present, the Bombay Stock Exchange (BSE) Sensex was trading 82.99 points, or 0.11 per cent, higher at 77,238.61. Meanwhile, the National Stock Exchange (NSE) Nifty advanced 43.85 points, or 0.18 per cent, to 24,129.55.

Amid volatile trading, the Sensex had declined by 111.23 points in early deals to touch 77,044.39, while the Nifty slipped 26.85 points to 24,058.85 before recovering its losses and moving into positive territory.

The Indian rupee also weakened in early trade, falling 21 paise to 94.71 against the US dollar.

Notably, on Wednesday, the Sensex had settled 347 points higher at 77,156, while the Nifty closed with a gain of 97 points at 24,086, extending the market's upward momentum for a fourth consecutive session.

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Hindusthan Samachar / Jun Sarkar