Sensex, Nifty witness volatile trends in early trade

Equity benchmark indices Sensex and Nifty witnessed a volatile movement in early trade on Thursday, amid mixed trends in the global markets.

After opening on a sluggish note, Sensex turned positive and rose 7.58 points or 0.01 per cent to 72,630.67 points. But the 30-share benchmark soon reversed the momentum and fell sharply by 381.94 points or 0.53 per cent to 72,241.15 points. The broader Nifty also showed some resistance initially but gave in to the selling pressure and declined 148.40 points or 0.67 per cent to 21,906.65 points.

At 10:22 am, Sensex was trading 467.45 points lower at 72,155.64, whereas Nifty was trading 164.85 points down at 21,890.20.

 

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