New Delhi, July 25 (HS). The domestic stock market has started trading with weakness for the second consecutive day today. Today both the Sensex and Nifty indices opened with a decline of more than 0.75 percent. However, shortly after the start of trading, the stock market was seen recovering from the lower level due to the support of buyers. But the selling pressure in the market is so high that both the indices are continuously in the red mark. After the first hour of trading, the Sensex was trading with a weakness of 0.53 percent and the Nifty with a weakness of 0.47 percent.
After the first 1 hour of trading, among the stock market's big stocks, Tata Motors, SBI Life Insurance, Larsen & Toubro, ONGC and HCL Technology were trading with a gain of 3.21 percent to 0.50 percent. On the other hand, Axis Bank, ICICI Bank, Hindalco Industries, Shriram Finance and Titan Company were trading with a decline of 5.94 percent to 1.91 percent.
Till now, there was active trading in 2,216 stocks in the stock market. Out of these, 891 stocks were trading in the green zone by making profit, while 1,325 stocks were trading in the red zone by suffering loss. Similarly, out of 30 stocks included in Sensex, 9 stocks remained in the green zone with buying support. On the other hand, 21 stocks were trading in the red zone due to selling pressure. While out of 50 stocks included in Nifty, 14 stocks were seen trading in the green zone and 36 stocks in the red zone.
The BSE Sensex today started trading at 79,542.11 points, down 606.77 points. As soon as the market opened, due to selling pressure, the index slipped to 79,477.83 points. But after this, buyers started buying, due to which there was a slight improvement in the movement of this index. After the first 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, the Sensex was trading at 79,723.07 points with a weakness of 425.81 points.
Like the Sensex, the NSE Nifty opened today at a level of 24230.95 points with a fall of 182.55 points. As soon as the trading started, due to the pressure of selling, this index fell to 24,210.80 points. But after this, due to the support of buying, the movement of this index started improving. After the initial 1 hour of trading amid continuous buying and selling in the market, at 10 am, Nifty recovered about 90 points from the lower level and was trading at a level of 24,299.40 points with a weakness of 114.10.
Earlier on the last trading day, Wednesday, the Sensex closed at 80,148.88 points with a loss of 280.16 points or 0.35 percent. On the other hand, the Nifty ended Wednesday's trading at 24,413.50 points with a loss of 65.55 points or 0.27 percent.