New Delhi, 20 December (HS): The domestic stock market is seen trading under pressure amid fluctuations during early trade today. Today's trading started with a slight increase. In the first half hour of trading, the stock market showed a bullish trend with the support of buying, but after a while the stock market plunged into the red mark due to the pressure of selling. After the first one hour of trading, the Sensex was trading with a weakness of 0.48 percent and the Nifty with a weakness of 0.41 percent.
An hour after the start of trading, among the giants of the stock market, the shares of Dr. Reddy's Laboratories, Titan Company, NTPC, Adani Enterprises and Tata Consumer Products were trading with strength ranging from 2.22 percent to 0.68 percent. On the other hand, shares of Axis Bank, Tech Mahindra, Cipla, JSW Steel and Larsen & Toubro were seen trading with a decline of 2.10 percent to 0.93 percent.
So far, active trading was taking place in 2,333 shares in the stock market. Out of these, 1,142 shares were trading in the green mark by making profits, while 1,191 shares were trading in the red mark by suffering losses. Similarly, out of the 30 stocks included in the Sensex, 6 stocks remained in the green mark with the support of buying. On the other hand, 24 stocks were trading in the red mark under the pressure of selling. While out of the 50 stocks included in the Nifty, 20 stocks were seen trading in the green mark and 30 stocks in the red mark.
The BSE Sensex opened today with a strength of 117.43 points at 79,335.48 points. After the start of trading, the index continued to trade with slight fluctuations for some time, but after the first 15 minutes, with the support of buying, this index jumped to 79,587.15 points. However, this strength could not last long. After the next 15 minutes of trading, the sellers dominated the market, due to which this index dived into the red mark. After the first 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, the Sensex was trading at a level of 78,836.34 points with a weakness of 381.71 points. Like the Sensex, NSE's Nifty started trading today with a marginal gain of 9 points at the level of 23,960.70 points. In the first half hour of trading, with the support of buying, this index also jumped to 24,065.80 points, but after this, due to the pressure of selling, this index also dived into the red mark. After the initial 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, Nifty was trading at 23,854.30 points with a decline of 97.40 points.
Earlier on the last trading day on Thursday, the Sensex closed at 79,218.05 points with a weakness of 964.15 points i.e. 1.20 percent. At the same time, Nifty ended Thursday's trading at 23,951.70 points with a decline of 247.15 points i.e. 1.02 percent.
Hindusthan Samachar / Jun Sarkar