Stock Market Update 9 June 2026: Sensex Gains Over 350 Pts, Nifty 50 Above 23,200

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Most Indian stock market indices opened higher on Tuesday amid mixed global cues and volatile oil prices. Both the Nifty 50 and the Sensex gained around 0.5% each during early trade.

Most Indian stock market indices were trading in the green during early trade on Tuesday, 9 June 2026. This was after a few consecutive trading sessions of market decline.

At around 9:20 AM, the Sensex was trading higher by about 370 points (0.5%) at 73,895.16. The Nifty 50 also traded higher by around 115 points (0.5%) at 23,237.85.

Notably, on Monday, the indices ended in the negative territory after crashing by around 1% each. At market close, the Sensex stood at 73,524.26, down 0.97%. The Nifty 50 stood at 23,123.00, down 1.04%.

Not just the Sensex and Nifty 50, but most other indices were trading in the green during early trade on Tuesday.

At around 9:24 AM, Bank Nifty was up by around 1.11% to trade at 54,663.45. The Nifty Financial Services index was also up by around 1.09% to trade at 25,075.20.

Among the sectoral indices, Nifty Auto (up 0.95%), Nifty FMCG (up 0.42%), Nifty Pharma (up 0.53%), and Nifty PSU Bank (up 0.99%) were all in the green. Nifty IT (down 0.02%) and Nifty Metal (down 0.16%) were the only indices in the red.

After the market opening on Tuesday, the overall breadth was fairly positive. 1,930 shares were in the green, whereas 549 shares were in the red. 123 shares remained unchanged.

The top gainers on Nifty were Trent, Interglobe Aviation, Grasim Industries, Jio Financial, and Wipro. The top losers were Sun Pharma, Infosys, Tata Steel, Bharti Airtel, and Max Healthcare.

Global markets gave mixed cues amid easing Middle East tensions:

  • S&P 500 futures were up 0.1% as of 10:47 AM Tokyo time.

  • Japan’s Topix was up 0.8%.

  • Australia’s S&P/ASX 200 was down 0.6%.

  • Hong Kong’s Hang Seng was down 0.3%.

  • The Shanghai Composite was down 0.2%.

  • Euro Stoxx 50 futures were down 0.4%.

  • Middle East War: The Middle East war between the US, Iran, and Israel keeps taking new turns almost every day. As per the latest reports, Iran has announced a ceasefire with Israel. However, it has also made it clear that the halt in military operations is conditional and the strikes could resume if instigated.

  • Oil Prices Fall: Global oil prices dropped around 1% on Tuesday as Iran and Israel temporarily paused hostilities following an appeal from the US. However, there is no certainty on how long the ceasefire can sustain.

  • Rupee Opens Higher: The Indian national rupee (INR) opened 0.25% higher on Tuesday at 95.4650 per US dollar. The previous close was at 95.7075.

Also Read - The Dark Side of the AI Rally: Why Korea And Taiwan Are Facing A Massive Stock Market Sell-Off

Indian equity markets may stay volatile in the near term. Volatile energy prices and weakness in the rupee are adding pressure. Uncertainty regarding the global geopolitical situation is also having an impact on sentiment. Investors might have to exercise caution and monitor the unfolding of the events very closely.

Sources:

The Economic Times

Moneycontrol

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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