Sensex and Nifty Rebound After Early Dip in Morning Trade

New Delhi, 19 November (Udaipur Kiran). The domestic stock market witnessed an upward trend in early trade on Tuesday. The session began on a flat note, but both Sensex and Nifty slipped briefly due to selling pressure. Soon after, renewed buying helped the indices recover. After the first hour of trade, Sensex was up 0.21 per cent while Nifty gained 0.16 per cent.

Sensex and Nifty

During the initial hour, major stocks such as Max Healthcare, TCS, Hindustan Unilever, Tech Mahindra and Titan Company traded with gains ranging from 2.08 per cent to 0.63 per cent. On the other hand, Tata Motors Passenger Vehicles Ltd (TMPV), Coal India, HDFC Bank, Jio Financial and Apollo Hospitals were down between 1.17 per cent and 0.53 per cent.

A total of 2,215 stocks were actively traded in the market so far. Among them, 950 stocks were in the green while 1,265 were in the red. In the Sensex pack of 30 companies, 13 were trading higher with buying support, while 17 were under selling pressure. Out of the 50 Nifty stocks, 21 were in positive territory and 29 were trading lower.

The BSE Sensex opened with a slight decline of 29.24 points at 84,643.78. Early selling pushed the index down to 84,525.98. As buying picked up, the index recovered, and by 10:15 am, Sensex was trading 178.57 points higher at 84,851.59.

In contrast, the NSE Nifty opened with a marginal gain of 8.05 points at 25,918.10. Selling pressure shortly after opening dragged the index to 25,856.20. Subsequent buying helped it regain strength, and by 10:15 am, Nifty was trading 42 points higher at 25,952.05.

In the previous session on Tuesday, the Sensex had closed 277.93 points (0.33 per cent) lower at 84,673.02, while the Nifty ended 103.40 points (0.40 per cent) down at 25,910.05.

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