New Delhi, 29 June (H.S.): India's domestic equity market remained under pressure amid volatile trading during early Monday session, with benchmark indices witnessing sharp fluctuations after opening on a mixed and largely flat note. Buying support initially lifted both the Sensex and the Nifty, but renewed selling dragged the indices into negative territory. Fresh buying later helped both benchmarks recover. By 10 a.m., the Sensex was trading 0.04 per cent lower, while the Nifty was up 0.11 per cent.

Among the market heavyweights, Dr. Reddy's Laboratories, Max Healthcare, Eternal, Trent Ltd., and Shriram Finance emerged as the top gainers, advancing between 3.95 per cent and 1.57 per cent. On the other hand, Kotak Mahindra Bank, Adani Enterprises, Mahindra & Mahindra, Adani Ports, and InterGlobe Aviation were among the major losers, declining between 2.51 per cent and 1.15 per cent.

So far, 2,754 stocks were actively traded on the exchanges. Of these, 1,213 stocks were trading in the green with gains, while 1,541 stocks remained in the red. Among the 30 Sensex constituents, 18 stocks were trading higher on buying support, whereas 12 stocks were under selling pressure. Similarly, on the Nifty, 31 of the 50 constituent stocks were trading in positive territory, while 19 stocks were trading lower.

The BSE Sensex opened 45.26 points lower at 77,055.21. Soon after the opening bell, buying interest pushed the index into positive territory, taking it to an intraday high of 77,228.23. However, fresh selling pressure soon reversed the gains, dragging the benchmark back into the red.

Under sustained selling, the Sensex slipped to an intraday low of 76,853.93 before buyers returned to the market, helping the index recover. Amid continued buying and selling activity, the Sensex was trading at 77,070.33, down 30.14 points, by 10 a.m.

In contrast, the NSE Nifty opened 5.75 points higher at 24,061.75. Following the opening, the benchmark remained volatile as buyers and sellers battled for dominance. Supported by buying, the Nifty climbed to an intraday high of 24,110.75, while selling pressure later pulled it down to an intraday low of 24,005.45. By 10 a.m., after continued two-way trade, the Nifty was trading 27.05 points higher at 24,083.05.

During the previous trading session on Thursday, the last trading day of the week, the Sensex had closed 109.25 points, or 0.14 per cent, higher at 77,100.47. The Nifty also ended the session with gains of 34.35 points, or 0.14 per cent, to settle at 24,056.00.

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Hindusthan Samachar / Jun Sarkar