Sensex, Nifty See Volatility in Early Trade Amid Mixed Market Sentiment

New Delhi, October 24 (Udaipur Kiran) — Indian equity markets witnessed a volatile start on Thursday, with both benchmark indices — the Sensex and the Nifty — fluctuating between gains and losses during early trade.

Sensex today

The session began on a positive note, but buying and selling pressures soon created instability in market direction. By 10 a.m., the Sensex was trading 0.05% lower, while the Nifty managed a marginal gain of 0.0027%.

Among major gainers were Hindalco Industries, ONGC, Shriram Finance, Tata Steel, and ICICI Bank, which rose between 0.66% and 3.89%. On the downside, Cipla, Kotak Mahindra Bank, Tata Consumer Products, Titan Company, and Axis Bank declined between 0.64% and 2.66%.

By mid-morning, trading activity was recorded in 2,176 shares, out of which 1,216 were in the green while 960 slipped into the red. Within the 30-share Sensex, 15 stocks traded higher and 15 declined. Similarly, out of the 50 Nifty stocks, 24 were in positive territory while 26 were down.

The BSE Sensex opened 110.83 points higher at 84,667.23, climbing to an intraday high of 84,704.44 before slipping to 84,392.15 amid selling pressure. By 10 a.m., it had fallen 43.39 points to trade at 84,513.01.

The NSE Nifty started the day up 43.70 points at 25,935.10, touching a high of 25,944.15 before dipping to 25,840.30. At 10 a.m., the index was almost flat, up just 0.70 points at 25,892.10.

In the previous session on Thursday, the Sensex had closed 130.06 points (0.15%) higher at 84,556.40, while the Nifty ended 22.80 points (0.09%) up at 25,891.40.

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