Market Midday, 9 July 2026: Sensex, Nifty 50 Hold Steady In Afternoon Trade

After yesterday’s bloodbath, benchmark indices, the Nifty 50 and the Sensex, seemed to get a little more stable. The morning highs carried on in afternoon trade with both benchmarks trading in the positive territory.

Note that markets crashed the day following remarks from US President Donald Trump that the peace deal with Iran was ‘over’. At 12:08 pm, the Sensex was up 0.75%, while the Nifty 50 was up 0.77%. Broader markets, too, traded in the green. At 12:09 pm, the:

• Nifty Midcap 100 index was up 1.50%

• Nifty Smallcap 100 index was up 1.69%

Top Stocks On The Nifty 50

Stocks of the following entities were the top five performers on the Nifty 50 index at 12:11 pm:

• Bharti Airtel Ltd.

• Sun Pharmaceutical Industries Ltd.

• Max Healthcare Institute Ltd.

• SBI Life Insurance Company Ltd.

• Eternal Ltd.

Stock-Specific Action

• TCS shares declined 2% in early trade ahead of the company’s Q1FY27 result declaration.

• Dr. Reddy's Laboratories shares fell as much as 3% in intraday deals after the company expressed concerns regarding the delay in the supply of semaglutide.

• Antony Waste Handling Cell shares declined 5% in early trade after the company told exchanges about a serious incident at its Waste-to-Energy (WtE) facility in Pimpri Chinchwad, Pune.

• Kalyan Jewellers shares rose as much as 9% in early trade. In the process, they extended their winning streak for the second straight session.

Traders are likely to keep a close watch on the prevailing situation in West Asia, which remains largely volatile. Escalations, both military and diplomatic, can profoundly determine how markets shape up in the remaining hours of the day.

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