Stock Market Close: Sensex drops 931 points, Nifty below 23,800 amid fresh tensions in West Asia
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, both the Nifty MidCap and the Nifty SmallCap indices ended 0.25 per cent and 0.20 per cent higher, respectively
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Stock Market Highlights: the Nifty50 and the Sensex ended lower as traders digested the shaky the US-Iran ceasefire.
Stock Market Highlights on Thursday, April 9, 2026: The Nifty50 and the Sensex snapped a five-day gaining streak as oil prices resumed their rally on a shaky US-Iran ceasefire.
The Nifty50 ended 0.93 per cent or 222.25 points down at 23,775.10, and the Sensex was trading 1.20 per cent or 931.25 points down at 76,631.65.
Jio Financial Services, InterGlobe Aviation, and Larsen & Toubro were the top losers in the Nifty50.
Broader markets outperformed the benchmark indices. The Nifty MidCap and the Nifty SmallCap indices ended 0.25 per cent and 0.20 per cent higher, respectively.
Sector-wise, the Nifty Private Bank and the Nifty Bank underperformed peers. The Nifty Metal emerged as the top gainer.
Iran’s Parliament Speaker Mohammad Bagher Ghalibaf said that the deep distrust toward the US stemmed from the country's pattern of violating any form of agreement, which has been repeated again. The violations are Israel’s continuous attack on Lebanon and drones flying into Iranian space, he said in a statement on a social media post.
3:54 PM
Stock Market LIVE Updates: Technical view
Stock Market LIVE Updates: On Thursday, the benchmark index Nifty witnessed profit booking at higher levels after a sharp and swift pullback rally of more than 1800 points or 8.30 per cent in just four trading sessions, which had pushed the index sharply higher in a very short span.
On the daily chart, the index formed a bearish candle with shadows on both sides, indicating indecision near higher levels. Technically, the index continues to trade above its 20-day EMA, providing short-term support, while the falling slope of the 50-day, 100-day and 200-day EMA has slowed significantly, suggesting moderation in the medium-term downside momentum. The daily RSI is placed near the 51 level and remains above its 9-day average, hinting at a neutral to mildly positive momentum setup despite the day’s decline.
View by: Sudeep Shah, head - technical and derivatives research at SBI Securities
3:50 PM
Stock Market LIVE Updates: Expert's view
Stock Market LIVE Updates: Ceasefire-led optimism faded as renewed US–Iran tensions and ongoing restrictions at the Strait of Hormuz pushed crude back up, reviving concerns around India’s inflation. Domestically, profit booking, rising 10-year bond yields, and rupee weakness reduced near-term risk appetite. Financials led the decline after the previous session's sharp rally amid sustained FII selling, while broader markets held relatively steady. Globally, the hawkish tilt in the latest FOMC minutes, signaling openness to rate hikes, combined with geopolitics-driven oil volatility, raised the hurdle for EM flows. If crude sustains above current levels, earnings downgrades for FY27 could re-emerge. That said, valuations remain supportive after the recent correction, and durable progress on the geopolitical front could quickly restore confidence in the medium-term earnings trajectory.
View by: Vinod Nair, head of research, Geojit Investments
3:47 PM
Stock Market LIVE Updates: Sensex heatmap
Stock Market LIVE Updates: From the 30-Sensex firms, IndiGo, L&T, Eternal, HDFC Bank, and ICICI Bank were the top losers.
3:44 PM
Stock Market LIVE Updates: Sectoral markets update
Stock Market LIVE Updates: On the sectoral front, the Nifty Metal index surged more than 1.2 per cent, followed by Nifty Healthcare and Nifty Pharma.
3:41 PM
Stock Market LIVE Updates: SMIDs outperform
Stock Market LIVE Updates: Broader markets outperformed, with both Nifty Midcap 100 and Smallcap 100 indices advancing 0.32 per cent and 0.17 per cent, respectively.
3:38 PM
Stock Market LIVE Updates: Nifty ends at 23,775
Stock Market LIVE Updates: The NSE Nifty50 settled at 23,775.10, down 222.25 points or, 0.93 per cent.
3:36 PM
Stock Market LIVE Updates: Sensex falls 931 points
Stock Market LIVE Updates: The BSE Sensex declined 931.25 points, or 1.20 per cent to end at 76,631.65 as fresh tensions in West Asia threatened the ceasefire reached between the US and Iran.
3:15 PM
Stock Market LIVE Updates: India's energy, critical minerals shift pose new challenges: Tata Steel CEO
Stock Market LIVE Updates: India's diversification of energy sources and enhancing access to critical minerals are crucial for the country's economy, but this shift has introduced new challenges, Tata Steel CEO and Managing Director T V Narendran said on Thursday. Read more.
3:01 PM
Stock Market LIVE Updates: 3 PM market update
Stock Market LIVE Updates: As of 3:00 PM, the Nifty50 was trading 1.07 per cent or 256.85 points down at 23,741.80, and the Sensex was trading 1.27 per cent or 981.57 points down at 76,581.33.
2:49 PM
Stock Market LIVE Updates: BHEL signs tech pact with E2S for excitation systems; stock up 4%
Stock Market LIVE Updates: Shares of Bharat Heavy Electronics Limited (BHEL) jumped nearly 6 per cent to hit an intraday high of ₹281 on the National Stock Exchange (NSE) in an overall subdued market. At 02:00 PM, the stock was trading at ₹276.3, up by 4 per cent compared to previous session's close of ₹265.70. In comparison, the NSE Nifty50 index was quoting at 23,774.10 levels, down by 223.25 points or 0.93 per cent. Read more.
Topics : Stock Market Today stock market trading Markets stock markets Nifty 50 BSE Sensex Gift Nifty Brent crude US-Iran tensions IPOs Q4 Results MARKET WRAP
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First Published: Apr 09 2026 | 7:49 AM IST