Market Midday, 9 June 2026: Sensex And Nifty Trade Higher

The Sensex and the Nifty 50 were trading marginally higher in mid-session. On expected lines, traders kept a close eye on the developments in West Asia and the ceasefire between the US and Iran. At 12:35 pm:

• The Sensex was up 0.39%

• The Nifty 50 was up 0.44%

In the broader markets, the Nifty Midcap 100 index was trading 1.17% higher, while the Nifty Smallcap 100 index was up 1.12% at 12:43 pm.

Top Stocks On Nifty 50

At 12:46 pm, the top five stocks on the Nifty 50 index were:

• InterGlobe Aviation Ltd.

• Jio Financial Services Ltd.

• State Bank of India

• Trent Ltd.

• Grasim Industries Ltd.

Stock-Specific Action

• NLC India shares declined 3% in early trade with the government set to launch an offer-for-sale (OFS) to divest up to 3% stake in the company worth ₹1,263 crore.

• Vodafone Idea and Bharti Airtel shares gained up to 4% in early trade after the Bombay High Court quashed the government’s demand for a one-time spectrum charge.

• South Korean tech stocks staged a strong comeback in early trade after a three-day selloff, which had pushed the KOSPI down by more than 15%. KOSPI surged 5% in intraday trading on Tuesday.

• Paytm shares surged over 2% in early trade after reports that the company plans to hire about 4,000 people in a bid to expand its merchant network and artificial intelligence-driven products.

• Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd shares gained nearly 1% in early trade post steadying of global crude oil prices near the USD 94 per barrel mark.

Also Read - Infosys Dividend Alert: 9 June Is The Cutoff For ₹25 Per Share FY26 Payout

Afternoon Trade Outlook

Analysts said market direction in the second half of the session is likely to depend largely on developments in the ongoing talks between the United States and Iran. Investors are likely to closely monitor any signs of progress. Until there is greater clarity or a concrete outcome from the discussions, market participants are expected to remain cautious.

Sources:

Business Standard

The Economic Times