New Delhi, 17 February (H.S.):

Domestic equities evinced resilience on Tuesday, rebounding from inaugural depreciations as astute bargain-hunters countered initial sell-offs, propelling the BSE Sensex to modest gains and arresting the NSE Nifty's incipient slide by 10:00 a.m.

Commencing with trepidation—Sensex inaugurating at 83,197.67, down 79.48 points, and plummeting to 82,987.43 within the nascent decennium amid escalating liquidations—the benchmarks pivoted decisively as purchasers commandeered ascendancy, culminating in Sensex's 0.03% accretion to 83,304.10 (up 26.95 points) and Nifty's attenuated 0.10% declension to 25,655.95 (down 26.80 points).

Nifty's diurnal odyssey mirrored volatility: debuting at 25,637.95 (minus 44.80 points), nadir at 25,570.30, before stabilizing via accretive procurements succeeding its antecedent 0.83% (211.65 points) escalation to 25,682.75 on Monday, February 16.

IT behemoths spearheaded resurgence—Infosys (+2.71%), HCL Technologies, TCS, Asian Paints, and Tech Mahindra (+1.36% to 2.71%)—contrasting metal and financial frailties: Hindalco Industries (-2.77%), Eternal, Shriram Finance, ICICI Bank, and Kotak Mahindra Bank (-1.09% to 2.77%).

By 10:00 a.m., 2,582 scrips evinced animation: 1,693 verdant (profitable), 889 crimson (diminished); Sensex's 30 constituents bifurcated 14 gainers to 16 decliners, Nifty's 50 partitioned 16 ascendants against 34 declinants.

This diurnal gyrations—amid AI conclaves and Infosys parleys—affirm market sinews post Monday's 0.79% Sensex (650.39 points) upsurge to 83,277.15.

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Hindusthan Samachar / Jun Sarkar