New Delhi, 05 January (H.S.): Indian benchmark indices registered modest declines Monday morning after early-session volatility, with BSE Sensex slipping 0.06% to 85,706.45 and NSE Nifty shedding 0.03% to 26,321.60 by 10:00 AM despite initial record highs.
Choppy Opening Dynamics
Sensex opened 121.96 points lower at 85,640.05 but surged to 85,800.87 within minutes before profit-taking dragged it to 85,516.75. Nifty hit an all-time high opening at 26,333.70 (+5.15 points) and fresh peak of 26,358.25 before tumbling to 26,263.60, recovering ~200 points from lows by mid-morning.
Sectoral Divergence
Gainers: Axis Bank (+1.33%), Tata Steel (+1.15%), ICICI Bank (+1.05%), Asian Paints (+0.89%), Maruti Suzuki (+0.67%)
Losers: Tech Mahindra (-1.55%), TCS (-1.38%), Max Healthcare (-1.22%), NTPC (-1.15%), Trent Ltd (-1.02%)
Breadth Indicators
Active stocks: 2,036 (956 advancing, 1,080 declining)
Sensex constituents: 18 green, 12 redNifty 50: 27 gainers, 23 losers
Previous Close Reference
Friday's bullish close—Sensex +573.41 (0.67%) at 85,762.01, Nifty +182 (0.70%) at 26,328.55—set positive tone disrupted by intraday profit booking after 20-minute consolidation phase.
The early caution reflects global cues (US-Venezuela tensions) balanced by domestic resilience, with broader market breadth showing selective buying interest amid high valuations.
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Hindusthan Samachar / Jun Sarkar
