Highlights
- Nifty 50 closed above the 23,950 mark, while Sensex ended over 238 points higher.
- Financial Services, FMCG, Media and Metal indices closed in positive territory.
- Nifty IT and Nifty Auto ended lower during the session.
- Sun Pharma, Bharti Airtel, Bajaj Finserv, IndiGo and Eternal were among the top Nifty gainers.
- Dr. Reddy's Laboratories, Maruti Suzuki, ONGC, Infosys and NTPC were the top losers during the session.
Benchmark Indices End Higher
Indian equity benchmarks closed higher on Thursday, recovering a portion of the previous session's decline as buying interest emerged in select heavyweight stocks. The Nifty 50 settled at 23,962.80, up 80.75 points (0.34%), while the BSE Sensex gained 238.22 points (0.31%) to close at 76,741.82.
During the session, the Nifty traded between 23,925.70 and 24,134.70, while the Sensex moved in the range of 76,576.14 to 77,326.65 before ending the day with moderate gains.
Sectoral Performance
Sectoral performance remained mixed throughout the trading session. Financial stocks supported the broader market, with the Nifty Financial Services 25/50 index advancing 0.68%. Defensive sectors also witnessed buying interest as the Nifty FMCG index rose 0.76%, while the Nifty Media index gained 2.09%.
The Nifty Metal index edged up 0.28%, reflecting selective buying in metal stocks.
On the other hand, the Nifty IT index declined 0.30%, while the Nifty Auto index slipped 0.21%, limiting gains in the broader market.
Top Gainers and Losers
Among the Nifty 50 constituents, Sun Pharma emerged as the top performer, gaining 2.78%. It was followed by Bharti Airtel (2.49%), Bajaj Finserv (2.38%), InterGlobe Aviation (IndiGo) (2.08%) and Eternal (2.01%).
On the losing side, Dr. Reddy's Laboratories declined 5.77%, making it the biggest laggard of the day. Maruti Suzuki fell 1.73%, followed by ONGC (1.42%), Infosys (1.31%) and NTPC (1.22%).
Corporate Earnings Remain in Focus
Investor attention remained on the ongoing quarterly earnings season, with market participants closely monitoring corporate announcements for indications on business performance and sector-specific trends. Technology stocks remained relatively subdued during the session as investors awaited key updates from the IT sector.
Technical Summary
The Nifty 50 closed at 23,962.80, recovering from the previous session and ending above the 23,950 level. During the day, the index touched an intraday high of 24,134.70 after opening at 23,928.95, before settling with moderate gains. The index closed below its intraday high after trading within a relatively broad intraday range, reflecting mixed sentiment across sectors despite the positive close.
Source: TradingView
Conclusion
Indian benchmark indices ended the session in positive territory, supported by gains in financial, pharmaceutical and consumer-oriented sectors. Although IT and auto stocks remained under pressure, buying in select large-cap stocks helped the benchmark indices recover a portion of the previous session's decline. Market participants are likely to continue monitoring corporate earnings and company-specific developments in the coming sessions.
Frequently Asked Questions (FAQs)
Q: How did the Nifty 50 close on July 9, 2026?
A: The Nifty 50 closed at 23,962.80, gaining 80.75 points (0.34%).
Q: How did the Sensex perform on July 9, 2026?
A: The BSE Sensex settled at 76,741.82, up 238.22 points (0.31%).
Q: Which sectors performed well during the session?
A: Financial Services, FMCG, Media and Metal indices closed in positive territory.
Q: Which sectors underperformed today?
A: The Nifty IT index declined 0.30%, while the Nifty Auto index slipped 0.21% during the session.
Q: Which stocks were the top gainers and losers in the Nifty 50?
A: Sun Pharma, Bharti Airtel, Bajaj Finserv, IndiGo and Eternal were among the top gainers, while Dr. Reddy's Laboratories, Maruti Suzuki, ONGC, Infosys and NTPC were the major losers.