Stock Market Update 9 July 2026: Sensex Gains Over 300 Pts; Nifty 50 Near 24,000
- By Kotak News Desk
- 09 Jul 2026 at 9:55 AM IST
- Stock News
- 4m

The Indian stock market indices traded in the green during early trading on Thursday. While Sensex gained over 300 points, Nifty 50 reclaimed the 24,000 mark. Most sectoral indices, except Nifty IT, were also trading higher.
Both the Sensex and Nifty 50 were trading higher after the market opening on Thursday, 9 July 2026.
At around 9:18 AM, the Sensex was up by around 323 points (0.42%) to trade at 76,826.89. The Nifty 50 was also trading higher by around 112 points (0.47%) at 23,994.45.
On Wednesday, 8 July 2026, the indices crashed by over 2% each. At the closing bell, the Sensex stood at 76,503.60, down 2.15%. Nifty 50 stood at 23,882.05, down 2.12%.
How Other Indices Are Performing?
Not just the Sensex and the Nifty 50, but most other Indian indices were in the green during early trading on Thursday.
At around 9:21 AM, Bank Nifty was up by 426 points (0.75%) to trade at 57,169.25. The Nifty Financial Services index was also up by around 158 points (0.60%) to trade at 26,482.00.
Among the sectoral indices, Nifty Auto gained 0.56%, Nifty FMCG gained 0.61%, Nifty Metal gained 0.16%, Nifty Pharma gained 0.29% and Nifty PSU Bank gained 0.59%. Nifty IT was the only index in the red (down 1.87%).
Top Gainers And Losers
The market breadth was mostly positive during early trading on Thursday.
The top gainers on the Nifty included Eternal, Sun Pharma, Bharti Airtel, Titan Company and Jio Financial.
The top losers were Infosys, Dr Reddy's Labs, HCL Technologies, TCS and Tech Mahindra.
What About The Global Markets?
Global markets gave mixed cues on Thursday morning amid escalating geopolitical tensions and rising crude prices.
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S&P 500 futures were little changed as of 12:04 PM Tokyo time.
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Nikkei 225 futures (OSE) rose 1.5%.
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Japan’s Topix rose 0.5%.
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Australia’s S&P/ASX 200 fell 0.7%.
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Hong Kong’s Hang Seng fell 0.5%.
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The Shanghai Composite fell 0.6%.
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Euro Stoxx 50 futures rose 0.9%.
Factors Impacting The Markets
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Profit Booking: Wednesday’s trading session witnessed a sharp sell-off, leading to a decline of over 2% in both the Sensex and the Nifty 50.
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Escalating Geopolitical Tensions: The Middle East tensions between the USA and Iran have escalated again. On Wednesday, the US President declared that the interim ceasefire agreement with Iran was over.
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Oil Prices Hike: Amid fears of US-Iran escalation and disruptions in the global supply chain, oil prices rose by more than 5% on Thursday morning.
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Rupee Remains Unchanged: The Indian National Rupee (INR) opens unchanged at 95.55 per US dollar on Thursday.
Also Read - SBI Funds IPO To Open On 14 July; Promoters To Sell 20.37 Crore Shares
Investor Takeaway
After persistent rallies, Wednesday’s profit-booking resulted in a market crash. Although the indices have opened in the green on Thursday, a lot will depend on the geopolitical factors. The fear of war is looming again and is keeping global markets cautious. Investors must wait for more clarity before taking big positions.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, visit www.kotakneo.com/disclaimer.

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