Market Midday, 9 November 2026: Sensex And Nifty 50 Cool As Traders Book Profit Following Bumper Pre-Diwali Rally

Benchmarks, the Sensex and the Nifty 50, traded almost flat as the pre-Diwali rally cooled to some extent. Profit booking took some steam out of markets in today’s late morning trade. While the Sensex was down 0.063% at 11:54 am, the Nifty 50 was down 0.048% at the same time.

Broader markets were marginally positive, with the Nifty Midcap 100 and Nifty Smallcap 100 up by 0.05% and 0.01%, respectively, at 11:56 am.

Top Stocks On Nifty 50 Today

At around 11:57 am, the top five stocks on the Nifty 50 index were:

• State Bank Of India

• Trent Ltd.

• HDFC Bank Ltd.

• Apollo Hospitals Enterprise Ltd.

• NTPC Ltd.

Stock-Specific Action

• Finolex Cables shares fell 5% in early trading after surging 20% to hit the upper circuit in the Muhurat Trading session yesterday.

• Gland Pharma shares jumped nearly 4% in early trade after the company reported a strong Q2 FY27 performance.

• Sai Life Sciences shares gained further 9% in early trading and extended gains to 19% over just three sessions.

Trade Outlook For The Remaining Session

The market may remain volatile through the rest of the session as investors weigh recent gains against the ongoing selling pressure. While select stocks continue to attract buying interest, weakness in the broader market could keep sentiment cautious.

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