New Delhi, March 28 (HS): The domestic stock market appears to be under pressure during early trading today. The trading began with a slight uptick, and after the market opened, buying support led to a marginally positive trend. However, shortly after the first 10 minutes of trading, selling pressure began, causing both the Sensex and Nifty indices to plunge into the red. By 10 AM, both indices were trading with a weakness of 0.16 percent.

After the trading until 10 AM, some of the major stocks in the stock market, including Tata Consumer Products, ONGC, Nestle, Hindustan Unilever, and Trent Limited, were trading with gains ranging from 3.90 percent to 1.16 percent. On the other hand, shares of Mahindra & Mahindra, Wipro, Infosys, Cipla, and Power Grid Corporation were seen trading with declines between 3.32 percent and 1.46 percent.

In the trading so far, 2,419 shares were actively traded in the stock market. Of these, 1,750 shares were trading in the green, making a profit, while 669 shares were in the red, suffering losses. Similarly, out of the 30 shares included in the Sensex, 12 shares were supported by buying and remained in the green. Meanwhile, 18 shares were trading in the red under selling pressure. In the Nifty, out of the 50 shares, 20 were in the green and 30 were in the red.

The BSE's Sensex opened today with a gain of 84.26 points, at a level of 77,690.69 points. As soon as trading began, supported by buying, the index jumped to 77,750.45 points, but after the first 10 minutes of trading, selling began in the market. This selling caused the index to tumble and fall into negative territory. After ongoing buying and selling in the market, by 10 a.m., the Sensex was trading at 77,479.46 points with a decline of 126.97 points.

Similarly, the NSE's Nifty started trading today with a slight increase of 8.45 points at a level of 23,600.40 points. As soon as the market opened, supported by buying, the index reached 23,629.70 points. However, after this rise, profit booking started in the market, causing a decline in the movement of this index as well. After ongoing buying and selling, by 10 a.m., the Nifty was trading at 23,554.10 points with a decrease of 37.85 points.

Earlier, on the previous trading day, Thursday, the Sensex closed at a level of 77,606.43 points, gaining 317.93 points or 0.41 percent. Meanwhile, the Nifty ended Thursday's trading with a jump of 105.10 points or 0.45 percent at a level of 23,591.95 points.

Hindusthan Samachar / Jun Sarkar