Sensex Today, Nifty 50 | Stock Market Highlights: Sensex ends 931 pts lower, Nifty below 23,800

Sensex Today, Nifty 50 | Stock Market LIVE: Market Wrap

Market Closing Summary by Bajaj Broking

Indian equity markets snapped a five-day gaining streak on April 9, witnessing profit booking after the sharp rally in the previous session. The recent ~1,800-point up move from the lows highlights a strong recovery led by bulls, with some near-term consolidation now visible. At close, the Sensex declined 931 points (-1.20%) to settle at 76,631, while the Nifty fell 222 points (-0.93%) to close at 23,775.

On the sectoral front, oil & gas, PSU banks, auto, infra, consumer durables, media, and private banks witnessed selling pressure, declining in the range of 0.3–2%. In contrast, metals, power, and pharma stocks outperformed, gaining 0.6–1%.

Broader markets remained relatively resilient, with the Nifty Midcap index advancing 0.3%, while the Small cap index ended largely flat. Focus now shifts to the IT sector, with TCS set to announce its quarterly results today post market hours, which will set the tone for the upcoming earnings season.

Nifty Outlook

The index formed a bearish candle with a lower high and a lower low signaling profit booking after a sharp up move of 1800 points in the last 4 sessions. Nifty is likely to consolidate in the range of 24,000-23,100 in the coming sessions amid stock specific action as the Q4FY26 earnings season gets underway. On the higher side only a move above 24,000 levels will open further upside towards 24,300 and 24,700 levels over the coming weeks.

Nifty has immediate support at 23,450-23,100 levels being the confluence of the Wednesday gap area and 20 days EMA. Index sustaining above the same will keep the current pullback trend intact. Volatility is expected to remain elevated in the near term, driven by uncertain global cues, firm crude oil prices, and ongoing geopolitical developments. On the downside, short-term support is placed at 22,700–22,500 zone, which aligns with the current week’s low and the 61.8% retracement of the recent four-session pullback.

Bank Nifty Outlook

Bank Nifty formed a bearish candlestick pattern with a lower high and a lower low signaling profit booking after a sharp up move of 5700 points in the last 4 sessions. Index is likely to consolidate in the range of 55,700-52,500 in the coming sessions amid stock specific action. Volatility is expected to remain elevated in the near term, driven by uncertain global cues, firm crude oil prices, and ongoing geopolitical developments.

On the higher side a move above 55,700 levels will open further upside towards 56,300 and 57,000 levels in the coming weeks. Bank Nifty has immediate support at 52,500-53,500 levels being the confluence of the Wednesday gap area and 20 days EMA. Index sustaining above the same will keep the current pullback trend intact. Short-term support is revised higher towards 51,000–51,500 zone being the current week low and 80% retracement of the last four sessions pullback.

Sensex Today, Nifty 50 | Stock Market LIVE: Why stock markets fell today?

Vinod Nair, Head of Research, Geojit Investments, said,

"Ceasefire-led optimism faded as renewed US–Iran tensions and ongoing restrictions at the Strait of Hormuz pushed crude back up, reviving concerns around India’s inflation. Domestically, profit booking, rising 10-year bond yields, and rupee weakness reduced near-term risk appetite. Financials led the decline after the previous session's sharp rally amid sustained FII selling, while broader markets held relatively steady.

Globally, the hawkish tilt in the latest FOMC minutes, signaling openness to rate hikes, combined with geopolitics-driven oil volatility, raised the hurdle for EM flows. If crude sustains above current levels, earnings downgrades for FY27 could re-emerge. That said, valuations remain supportive after the recent correction, and durable progress on the geopolitical front could quickly restore confidence in the medium-term earnings trajectory."

Sensex Today, Nifty 50 | Stock Market LIVE: Rupee to trade within a range of 92.50 to 93.40

Dilip Parmar – Senior Research Analyst, HDFC Securities said:

"The Indian rupee’s five-day rally came to a grinding halt, retreating in tandem with its Asian peers. The currency faced a double whammy of rising crude prices and relentless selling by foreign investors. Domestic equities saw a 23rd consecutive session of net selling by Foreign Institutional Investors, maintaining steady pressure on the local rupee.

Spot USDINR is expected to trade within a range of 92.50 to 93.40, as traders balance global energy risks and domestic capital outflows."

Sensex Today, Nifty 50 | Stock Market LIVE: Rupee ends flat

The Indian rupee fell modestly on Thursday as concerns over the longevity of the U.S.-Iran truce pushed oil prices higher, denting local stocks and bonds and weighing on risk assets globally.

The rupee closed at 92.6575 against the U.S. dollar, down 0.1% on the day.

Sensex Today, Nifty 50 | Stock Market LIVE: Nifty Financial Services fell over 1% while Nifty Metal added over 1%

Sensex Today, Nifty 50 | Stock Market LIVE: Broader markets

Broader markets outperformed benchmark indices with the Nifty Midcap 100 up 0.3% and Nifty Smallcap 100, adding 0.2%.

Sensex Today, Nifty 50 | Stock Market LIVE: Gainers and losers

Sensex Today, Nifty 50 | Stock Market LIVE: Closing Bell

Indian benchmark indices closed nearly 1% lower on Thursday as investors turned cautious amid a rebound in oil prices and weakness across global equities, with doubts resurfacing over the durability of the fragile U.S.-Iran ceasefire.

Market sentiment remained under pressure after intense Israeli strikes on Lebanon reportedly left hundreds dead or injured, raising fears that the temporary two-week truce could quickly collapse. Adding to investor concerns, Iran once again shut the Strait of Hormuz, reviving worries over global oil supply and inflation.

Sensex ended 931 points or 1.2% lower at 76,631.65 while Nifty 50 lost 222.25 points or 0.93% lower at 23,775.

Sensex Today, Nifty 50 | Stock Market LIVE: Pakistan’s stock market plunges, KSE100 index drops 3,800 points on fading ceasefire hopes

Pakistan’s stock markets plunged sharply on Thursday. The benchmark KSE‑100 index of the Pakistan Stock Exchange fell more than 3,800 points as Iran and the US refused to back down from the escalating Middle East conflict, dampening hopes for the Pakistan-brokered ceasefire.

The KSE‑100 index hit a day’s low of 161,993 before recovering some losses. This follows a historic surge on Wednesday, when the index jumped over 12,000 points, its biggest intraday gain in absolute terms, after news of a temporary ceasefire between the US and Iran eased geopolitical tensions and boosted investor confidence across the region.

Sensex Today, Nifty 50 | Stock Market LIVE: Multibagger HFCL stock jumps 8.5% after securing ₹1,366 crore order for supply of optical fiber cables

HFCL (Himachal Futuristic Communications Limited), a company with diverse operations in telecom infrastructure, has experienced a remarkable surge in its stock value during today's intraday trade on April 9, rising 8.5% to the day’s high of ₹81.51 apiece following a significant order win.

In a post-market filing on Wednesday, the company informed investors that it had secured orders worth ₹1,366 crore. While the company did not disclose the name of the awarding entity, it said the client is a renowned Tier-1 customer.

The order is for the supply of optical fiber cables as per customer specifications and is expected to be executed by December 2026.

Sensex Today, Nifty 50 | Stock Market LIVE: NSE likely to file DRHP for IPO in June with SEBI

The National Stock Exchange of India (NSE) has initiated preparations for its initial public offering (IPO), convening with all 20 of its investment bankers earlier this week to begin creating the offer document and establish a preliminary timeline for the listing, according to earlier report by Mint.

The IPO bankers and the exchange commenced the drafting of the offer document and outlined a rough timeline for the listing, as mentioned in an earlier report by Mint.

"NSE met all 20 bankers together for the first time, where everyone agreed to a tentative timeline for the IPO," earlier mint report said, adding that the process will begin with the identification of risks and the preparation of required disclosures, work on which is likely to begin this week.

Sensex Today, Nifty 50 | Stock Market LIVE: Multibagger defence stock Apollo Micro Systems zooms 15% after this update related to Naval Defence

Multibagger defence stock Apollo Micro Systems share price jumped around 15% on Thursday, April 9, the firm announced successful completion of blast trials for limpet mines, a specialised category of underwater explosives used in naval operations.

According to the company, it is currently the only Indian firm to have successfully developed this product for the Indian Navy, highlighting the strategic importance of the achievement.

Following the development, Apollo Micro Systems' stock price climbed as much as 14.85% to its intraday high of ₹238.85 per share.

In a regulatory filing dated April 9, the company said the trials mark a major step forward in its efforts to strengthen its position in the underwater defence and electronic warfare segment.

Sensex Today, Nifty 50 | Stock Market LIVE: TCS Q4 results time

TCS is slated to post its earnings post-market hours today, April 9. TCS in a filing said, "Tata Consultancy Services Limited will announce its results for the Fourth Quarter of FY 2026, ended March 31, 2026, on Thursday, April 9, 2026, after-market trading hours." It did not specify any particular time for the earnings announcement.

Sensex Today, Nifty 50 | Stock Market LIVE: Indian stock markets extend losses

Indian stock markets extended losses following losses in global peers as hopes of a truce between US and Iran failed, raising crude oil prices. In intra-day deals, Sensex lost 959 points or 1.2% to its intra-day low of 76,604.18, while Nifty 50 shed 239 points or 1% to its day's low of 23,758.75.

Sensex Today, Nifty 50 | Stock Market LIVE: TCS dividend history

TCS board will also consider and recommend a final dividend for FY26 along with its Q4 results. TCS has declared 93 dividends since October 2004, according to Trendlyne data. In the last one year, it has announced dividends amounting to ₹109 per share. At the prevailing level, TCS' dividend yield is 4.26%.

Sensex Today, Nifty 50 | Stock Market LIVE: Nifty-Gold ratio rises to 1.57

The Nifty 50–gold ratio, a key gauge used to track the relative performance of equities versus gold, has inched up to 1.57 from 1.5 last week, signalling a potential shift in market preference. A rising ratio typically indicates that equities may begin to outperform gold, as investors gradually move away from safe-haven assets and increase exposure to stocks.

The recent uptick in the ratio has been driven by a strong rally in equities, with the Nifty 50 gaining over 1,650 points in the first five sessions of April, while gold prices remained volatile amid strength in the U.S. dollar.

Historically, periods when the ratio has fallen below 2.5 have often been followed by a healthy upside in the benchmark index, suggesting that current levels may point to a favourable setup for equities. The ratio essentially compares the value of the Nifty 50 index with gold prices, offering insights into relative valuation and investor sentiment. Read more

Sensex Today, Nifty 50 | Stock Market LIVE: Anand Rathi announces ₹7 dividend, 1:1 bonus shares

Anand Rathi Wealth, on Thursday, announced a final dividend of ₹7 and 1:1 bonus shares, along with financial results for the quarter ending on March 31, 2026.

Sensex Today, Nifty 50 | Stock Market LIVE: Amir Chand Jagdish Kumar (Exports) hits lower circuit for fifth straight session

Shares of Amir Chand Jagdish Kumar (Exports) Ltd remained under heavy selling pressure, hitting the 5% lower circuit on Thursday, April 9—marking the fifth consecutive session of decline since its listing on April 2. The stock has now plunged around 43% from its IPO price and nearly 40% from its listing levels on the bourses.

On debut, the stock had a weak start. It listed at ₹195 on the BSE, down 8.02% from the issue price, and further declined 17.22% to close at ₹175.50, hitting its lower circuit. On the NSE, the stock opened at ₹200, reflecting a 5.66% discount, and later slipped 15.09% to settle at Rs180, also at its lower circuit limit.

Sensex Today, Nifty 50 | Stock Market LIVE: HDFC Securities suggests this market strategy amid war uncertainty

Since the onset of the US-Iran conflict, frontline indices have corrected by more than 10%, making valuations relatively attractive. The Nifty 50 is currently trading at approximately 18x earnings, reflecting a 14% discount to its long-period average (LPA) of 20.9x.

Additionally, India’s valuation premium over other emerging markets has moderated to 27%, compared to a 10-year average of 73% and a peak of 145%.

To navigate the prevailing market conditions, HDFC Securities recommends adopting a Growth at a Reasonable Price (GARP) strategy. This approach emphasizes identifying “mispriced” growth opportunities—buying undervalued growth stocks while avoiding speculative bubbles and steering clear of value traps. The brokerage suggests prioritising growth stocks with valuation discipline.

Sensex Today, Nifty 50 | Stock Market LIVE: Nithin Kamath of Zerodha flags a market paradox investors can’t ignore

Sensex Today, Nifty 50 | Stock Market LIVE: Crude oil prices rebound amid uncertainty over US-Iran ceasefire

Oil prices rebounded on Thursday, April 9, after falling over 15% in the previous session, as the uncertainty surrounding a fragile two-week ceasefire in the Middle East fuelled concerns that energy shipments through the key Strait of Hormuz could continue to face disruptions.

Brent crude futures gained $1.96, or 2.07%, to $96.71 a barrel, while US West Texas Intermediate (WTI) crude advanced $2.60, or 2.75%, to $97.01 a barrel.

Meanwhile, back home, crude oil prices on the Multi Commodity Exchange (MCX) also witnessed a similar upward movement. MCX crude oil prices surged as much as 2.62% to ₹9,090 per barrel on Thursday. Read more

Sensex Today, Nifty 50 | Stock Market LIVE: Several’ Fed policymakers are divided on rate hikes, March minutes show

Officials at the Federal Reserve wrestled with starkly different scenarios for the US economy after the war between the US and Iran, as well as the policy reactions that may follow, during their March meeting.

Minutes of the Federal Open Market Committee’s 17-18 March meeting, released Wednesday in Washington, showed policymakers broadly backed a wait-and-see approach as they held rates steady, while expressing acute uncertainty over the war in Iran.

The March Fed meeting came around three weeks after the US and Israel struck Iran, which was followed by an intense conflict in the Middle East that only got some relief recently as Washington and Tehran announced a temporary ceasefire. Read more

Sensex Today, Nifty 50 | Stock Market LIVE: TCS Q4 results 2026: Should you buy IT stock ahead of earnings

Tata Consultancy Services (TCS) will kickstart the Q4 earnings season, as the IT major is scheduled to announce its financial results for the quarter ended March 31, 2026, later today (April 9). The IT bellwether's board is also slated to announce its final dividend for the recently concluded financial year 2025-26 (FY26). The IT major is likely to post a strong year-on-year (YoY) growth in revenue, supported by the depreciation of the Indian rupee during the quarter. Net profit (PAT) is also expected to register a solid increase compared to the same period last year.

Against this backdrop, Mahesh M Ojha, AVP - Research at Kantilal Chaganlal Securities, believes that TCS is currently trading at an attractive valuation, supported by a healthy dividend yield, making it a compelling long-term investment opportunity.

“Investors with a longer horizon may consider accumulating the stock and adopting a buy-and-hold strategy, with an initial target of ₹3,250. Post this level, the stock can be reassessed based on prevailing market conditions and business performance,” Ojha said. Read more

Sensex Today, Nifty 50 | Stock Market LIVE: Ola Electric share price soars 16%

Ola Electric Mobility share price extended its rally for a second straight session on Thursday, April 9, rising more than 16% in intraday trade to ₹35.27. The stock had already gained 5% on Wednesday, closing above the ₹30 mark for the first time in nearly two months. Over the last two trading sessions, the scrip has climbed 15%.

Today's rise comes on the back of a broader market sell-off. Benchmarks Sensex and Nifty fell over 1% each in trade today amid fading hopes of a ceasefire between US and Iran.

The latest upmove came after the company announced on April 7 that its in-house Lithium Iron Phosphate (LFP) cell is now ready, marking a key development in its efforts to build a broader electric mobility and energy ecosystem. Read more

Sensex Today, Nifty 50 | Stock Market LIVE: Honasa Consumer share price rises 5%

Shares of Honasa Consumer, the parent company of Mamaearth, surged nearly 5% in early trade on Friday, December 12, to the day's high of ₹269 on NSE as investors reacted positively to the company's entry into the men’s personal care category with the acquisition of Reginald Men.

The company, which owns FMCG brands such as Mamaearth and The Derma Co, on Thursday, post market hours, announced (December 11) that it will acquire a 95% stake in BTM Ventures Pvt Ltd, the parent company behind the men's personal care brand Reginald Men, via a secondary purchase at an enterprise value of ₹195 crore.

The company said the remaining 5% stake will be acquired after 12 months based on pre-agreed valuation criteria. Read more

Sensex Today, Nifty 50 | Stock Market LIVE: Bosch share price gains over 2%

Bosch share price gained over 2% in early trade on Thursday, after the company approved the acquisition of a 100% stake in Bosch Chassis Systems India Private Limited (BCSI) for ₹9,068.68 crore. Bosch shares rose as much as 2.7% to ₹36,912.35 apiece on the BSE.

Bosch Ltd on Wednesday approved buying 100% stake in Bosch Chassis Systems India Private Limited (BCSI) from Robert Bosch Investment Nederland B.V. and Robert Bosch LLC for ₹9,068.68 crore, through a mix of cash and equity.

Bosch will issue 2,460 equity shares on a preferential basis along with a cash payment. The company will issue 1,230 shares each to Robert Bosch Investment Nederland B.V. and Robert Bosch LLC. The remaining amount will be paid in cash. Read more

Sensex Today, Nifty 50 | Stock Market LIVE: Sensex, Nifty extend losses

Indian markets extended losses as early optimism around the fragile Gulf ceasefire began to fade, pushing oil prices higher once again and reminding investors that the inflationary impact of the conflict may not disappear anytime soon.

In intra-day deals, Sensex lost 938.5 points or 1.2% to its intra-day low of 76,624.35, while Nifty 50 shed 238 points or 1% to its day's low of 23,759.45.

U.S. President Donald Trump said on social media that American forces would remain in the Gulf until an agreement was reached and honoured, warning that military action could resume if the terms were not followed.

At the same time, Israel launched its heaviest strikes on Lebanon since the conflict with Iran-backed Hezbollah escalated last month, with reports indicating that more than 250 people were killed on Wednesday.

Sensex Today, Nifty 50 | Stock Market LIVE: Gold rate today

Following the weak global sentiments around the precious metals, the MCX gold rate today opened with a downside gap at ₹1,50,647 per 10 gm. However, the precious yellow metal witnessed value buying at lower levels, pared its early morning losses, and rose above ₹1,51,000 within a few minutes of the Opening Bell. However, the gold price in India is still down by around 0.50%.

Sensex Today, Nifty 50 | Stock Market LIVE: Rupee opens 8 paise lower at 92.66

The Indian rupee started at 92.66 against the US dollar on Thursday, April 9, as worries grew that the ceasefire in Iran might not completely restore oil shipments through the critical Strait of Hormuz, pushing oil prices up and putting pressure on riskier assets. Brent crude futures for July increased by over 2% to $96.76, following a sharp drop of 13.2% in the prior session due to optimism that a ceasefire between the US and Iran would enable oil transport to resume through the Strait of Hormuz. Read more

Sensex Today, Nifty 50 | Stock Market LIVE: Experts say ‘patience is key’

VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited said:

"The 2-week ceasefire between US and Iran and the consequent sharp decline in crude prices provided the trigger for a sharp 873 point rally in Nifty yesterday. The short-covering and accumulation in attractively valued financials facilitated the sharp surge in the market. Even though RBI’s monetary policy on expected lines with no change in rates and stance was not market boosting, the Governor’s comment that “growth impulses remain strong supported by robust private consumption and sustained investment demand” augurs well for the market.

With 6.9% GDP growth and 4.6% inflation projected for FY 27 by the RBI, the nominal GDP growth for FY27 can be around 11.5% which can deliver around 12% earnings growth in FY 27. With fair valuations in the market now, if the West Asian ceasefire holds, the market will remain resilient.

But there are some concerns surrounding Israeli attack on Lebanon and its fallout on the ceasefire. If crude again spikes in response to this development, the uptrend witnessed yesterday will be at risk of losing stream. The big takeaway from the rally in the market yesterday is that fairly valued stocks depressed by FPI selling and shorting will bounce back at anytime. Patience is the key."

Sensex Today, Nifty 50 | Stock Market LIVE: Sectoral indices mixed

Sensex Today, Nifty 50 | Stock Market LIVE: Broader markets

Broader markets outperformed, with the Nifty Midcap 100 index up 0.7% and the Nifty Smallcap 100 index up 0.37%.

Sensex Today, Nifty 50 | Stock Market LIVE: Gainers and Losers

Sensex Today, Nifty 50 | Stock Market LIVE: Opening Bell

The Indian stock market opened lower on Thursday, April 9, following weak global market cues, as the initial euphoria over a two-week fragile US-Iran ceasefire faded amid reports of a breach of the ceasefire agreement. Sensex opened 589 points or 0.76% lower at 76,973 while Nifty fell 147 points or 0.7% to open at 23,822.

Sensex Today, Nifty 50 | Stock Market LIVE: Nifty 50 Prediction

Nifty 50 index formed a bullish Marubozu-like candlestick pattern on the daily timeframe, indicating strong buying conviction throughout the session, with minimal selling pressure.

“The formation of the huge unfilled opening upside gap of Wednesday indicates a formation of Bullish Breakaway Gap, which reflects a formation of important bottom reversal for the market at the recent swing low of 22,182 levels-2nd April,” said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

According to him, the overall chart pattern is positive and if this gap remains unfilled for the next 3-4 sessions, then that could suggest broad based rally for the markets ahead.

“The next upside levels to be watched are around 24,500. Immediate support is placed at 23,800 levels,” said Shetti.

Stock Market Today LIVE: Nifty Options Data

In the derivatives segment, notable call writing was observed at the 24,000 and 24,200 strikes, indicating immediate resistance zones. On the put side, strong writing activity at the 24,000 and 23,800 strikes highlights a firm base for the index in the near term.

Stock Market Today LIVE: Sensex Prediction

Sensex has shown a strong breakout with sharp upward momentum, indicating a clear shift in near-term trend in favour of bulls.

“Key technical levels suggest that support for Sensex is placed in the 76,800 – 77,000 zone, which is likely to act as a demand area on declines, while resistance is seen around 78,000 – 78,300, where upside may face initial supply pressure,” said Hitesh Tailor, Technical Research Analyst at Choice Equity Broking.

The near-term outlook remains positive, supported by strong momentum; however, after such a sharp rally, some consolidation or volatility may emerge, especially considering ongoing geopolitical developments, he added.

Stock Market Today LIVE: Gold Rate Today

Gold prices were steady, as investors stayed on the sidelines awaiting clearer signals on the US–Iran ceasefire talks. Spot gold price was little changed at $4,715.42 per ounce, while US gold futures for June delivery fell 0.8% to $4,739.20. Spot silver price fell 0.4% to $73.83 per ounce.

Stock Market Today LIVE: Dollar flat today

The dollar steadied after sinking to a one-month low. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.03% to 99.09. Euro fell 0.07% to $1.1654, while Sterling eased 0.04% to $1.3387. The Japanese yen weakened 0.06% to 158.7 per dollar.

Stock Market Today LIVE: US-Iran Ceasefire update

The White House announced the US would hold direct talks with Iran and Vice President JD Vance would lead the US delegation to Islamabad. The first round of talks will take place Saturday morning local time.

However, sporadic fighting continued in the Middle East, including Iranian strikes on Gulf states, and the Strait of Hormuz remained largely blocked. Israel launched its heaviest strikes yet on Lebanon, prompting threats of retaliation from Iran.

Stock Market Today LIVE: Asian markets fall; Nikkei, Kospi drop up to 1%

Asian markets traded lower on Thursday, amid doubts over the two-week US-Iran ceasefire deal. Japan’s Nikkei 225 fell 0.59%, while the Topix dropped 0.42%. South Korea’s Kospi declined 0.90% and the Kosdaq fell 0.74%.

Stock Market Today LIVE: Gift Nifty signals marginally lower opening for stock market today

The trends on Gift Nifty also signal a weak start for the benchmark indices, Nifty 50 and Sensex today. Gift Nifty was trading around 24,010 level, a discount of nearly 48 points from the Nifty futures’ previous close.

Stock Market Today LIVE: Sensex, Nifty 50 likely to open weak

The Indian stock market is expected to open lower on Thursday, following mixed global market cues, as the initial euphoria over a two-week fragile US-Iran ceasefire faded amid reports of breaching the terms of the ceasefire agreement.