Share Market Today: Nifty Reclaims 25,000 to Hit 9-Month High; PSU Banks & Financials Power Rally, IT Drags

Indian markets ended higher Monday as Nifty reclaimed 25,000 to hit a 9-month high, driven by a 3.7% surge in PSU Banks and firm financials. IT and Metals fell to cap gains amid profit booking, while cooling crude prices supported sentiment. Read more.

Share Market Today: Nifty Reclaims 25,000 to Hit 9-Month High; PSU Banks & Financials Power Rally, IT Drags
Liquide Market Analysis 09 Nov 2026

Indian Stock Market Today |Indian benchmark indices traded higher on Monday, 9 November 2026, with the Nifty reclaiming the psychological 25,000 mark to close at a 9-month high. The Sensex advanced over 100 points, while Bank Nifty surged over 890 points, powered by a massive breakout across state-run and private banking heavyweights.

The market witnessed a divergent sectoral trend, with PSU Banks, Pharma, and Healthcare leading the charge, while IT, Metal, and FMCG sectors faced selling pressure.


At the Closing Bell:

  • Nifty 50: Trading at 25,044.65, up 58.25 points (+0.23%)
  • BSE Sensex: Trading at 81,106.65, up 107.25 points (+0.13%)
  • Bank Nifty: Trading at 59,741.25, up 890.60 points (+1.51%

Why Did the Indian Stock Market Rise Today?

PSU Bank Sector Rallies Aggressively

The PSU Bank sector surged around 3.73% to 8,905.35, emerging as the biggest driver holding the market.

State-run lenders witnessed massive accumulation, with major PSU bank counters surging 4% to 5%, led by Bank of India, BoB, PNB, and SBI.

Pharma Sector Extends Strength

The Pharma sector gained around 1.65% to 28,896.10, while Nifty Healthcare climbed 1.33% to 17,411.00.

Healthcare stocks saw solid buying interest, aided by Divi's Laboratories hitting a fresh all-time high on strong Q2 earnings

Pharma Sector Registers Healthy Gains

Pharma advanced 1.21%, supported by positive price action across the sector.

The gains highlighted participation beyond financial stocks, strengthening the overall market rally.

Banking & Financial Services Provide Core Support

The Financial Services sector gained around 0.75% to 27,384.90, while Private Bank rose 0.74% to 29,608.15.

Banking heavyweights including SBI, HDFC Bank, and ICICI Bank lifted the indices, helping Bank Nifty significantly outperform the broader market.

Realty Sector Remains Resilient

The Realty sector gained around 0.77% to 897.70.

Real estate stocks traded firm, supported by steady consumer demand trends.

Energy Sector Trades Marginally Higher

The Energy sector gained around 0.38% to 37,164.95, while Oil & Gas gained 0.25% to 11,334.60.

Reliance Industries closed flat but rebounded sharply from its intraday lows, successfully holding its 200-DMA.

Auto Sector Advances Modestly

The Auto sector gained around 0.30% to 27,925.90.

Automobile stocks traded with modest gains, absorbing selective cautious commentary across auto ancillaries.

FMCG Sector Declines Marginally

The FMCG sector declined around 0.15% to 46,660.65.

Consumer stocks witnessed mild selling pressure during the session, dragged down by ITC despite steady buying in Nestle India.


Market Overview – Sector & Stock Action Summary

Indian markets traded higher on Monday, with the Nifty 50 up 0.23% at 25,044.65 levels, while the Sensex gained 0.13% to 81,106.65. However, Bank Nifty gained 1.51% to close at 59,741.25, supported by exceptional strength in PSU and private banking stocks.

At the sector level, PSU Banks (+3.73%) and Pharma (+1.65%) remained the key outperformers, while IT (-1.22%) and Metal (-0.46%) emerged as the biggest laggards. Energy and Auto stocks also provided modest support.

The broader market sentiment remained cautious as the advance-decline ratio on the NSE favoured declines at 3:4. Heavyweight banking stocks provided strong stability, lifting the benchmark indices to fresh 9-month highs.


Key Sector Performance Snapshot

  • PSU Bank: +3.73% → State-run lenders led the market with aggressive gains.
  • Pharma: +1.65% → Healthcare counters gained on robust earnings.
  • Healthcare: +1.33% → Broad-based buying across pharmaceutical names.
  • Realty: +0.77% → Real estate stocks continued positive momentum.
  • Financial Services: +0.75% → Financials supported headline stability.
  • Private Bank: +0.74% → Private lenders bolstered Bank Nifty.
  • Energy: +0.38% → Energy stocks stabilized as oil prices softened.
  • Auto: +0.30% → Automobile majors saw modest selective accumulation.
  • FMCG: -0.15% → Dragged down by weakness in select heavyweights.
  • Metal: -0.46% → Metal counters faced mild selling pressure.
  • IT: -1.22% → Primary sectoral loser amid tech profit booking.

Top Gainers

SBI: +2.56% (₹1,042.00) → Powered PSU bank rally and Bank Nifty with heavy institutional buying.

TRENT: +2.02% (₹3,119.20) → Retail heavyweight saw strong momentum buying.

NESTLE INDIA: +1.91% (₹1,297.80) → Outperformed consumer peers with steady accumulation.

NTPC: +1.87% (₹328.75) → Power major supported the public sector basket.

L&T: +1.82% (₹4,185.00) → Capital goods major advanced on strong institutional inflows.


Top Losers

TATA STEEL: -2.81% (₹184.85) → Metal sector weakness weighed heavily on the stock.

HCLTECH: -2.43% (₹1,407.00) → Slid sharply alongside frontline IT peers.

ULTRATECH CEMENT: -1.79% (₹12,275.00) → Cement major faced profit booking.

ITC: -1.64% (₹278.80) → Dragged the FMCG index lower amid mild selling.

BAJAJ FIN: -1.56% (₹1,064.85) → NBFC major traded weak amid selective offloading.


Technical Analysis: Nifty & Bank Nifty Levels

NIFTY 50: Reclaimed the 25,000 milestone to close at 25,044.65, up 58.25 points.

  • Immediate Support: 24,950
  • Immediate Resistance: 25,150

BANK NIFTY: Outperformed decisively, closing at 59,741.25, up 890.60 points.

  • Immediate Support: 59,200
  • Immediate Resistance: 60,000

World Markets, Crude & Gold Prices – 6 November 2026

Global Equities

Global markets traded with a constructive tone on Monday, 9 November 2026, as investors tracked global interest-rate expectations, crude oil movements, inflation data, currency trends and geopolitical developments.

Asian markets witnessed broad-based trading strength, with Japan's Nikkei 225 rallying 3% and South Korea's Kospi gaining 1.2%, balancing optimism around economic stability against corporate earnings announcements. Market participants remained focused on major macroeconomic indicators and central bank commentary for further direction.

Market sentiment remained focused on:

Market participants remained focused on:

  • Global inflation trends and upcoming US CPI data releases
  • Bond yield movements across major economies
  • US dollar strength
  • Geopolitical developments in the Middle East
  • Global economic growth expectations
  • Upcoming economic data releases

Overall, global markets continue to remain sensitive to macroeconomic developments, with investors closely monitoring energy prices, central bank policies and economic indicators for the next market direction.

Crude Oil

Brent crude traded at $96.91 per barrel, down 7% across November according to the latest market snapshot.

Crude oil prices witnessed a steady decline, moving lower after recent gains as investors assessed easing supply concerns and a softer geopolitical risk premium.

The decline in crude prices provided some relief to oil-importing economies, including India, as lower energy costs can support:

Inflation outlook

Current account deficit

Rupee stability

Import costs

Transportation and logistics expenses

Aviation, paint and chemical industries

Gold Prices

Gold traded at $4,097.32 per ounce, up 0.66% according to the latest market snapshot.

Gold prices moved higher as investors continued to seek safety amid global uncertainty, interest-rate expectations and changing risk sentiment.

Overall, gold remains supported by strong safe-haven demand, with short-term movements likely to remain influenced by US economic data, interest-rate expectations and currency movements.

Latest Global Market Update

Global markets displayed divergent stabilization on Monday, 9 November 2026, attempting to find a footing following the severe late-week tech rout. After Wall Street's sharp drop—where the Nasdaq plunged 5.52% and the S&P 500 fell 4.36%—Asian markets saw an uneven rebound. Japan’s Nikkei 225 surged 2.33% (+1,340 points) to 58,775.50, and Taiwan’s Taiex gained strongly, though South Korea’s Kospi slipped an additional 0.79% as semiconductor valuation jitters persisted.

European equities and US index futures traded cautiously ahead of upcoming US inflation (CPI) prints and shifting December Federal Reserve policy expectations.

These developments reflect a selective return of risk appetite in cyclical and banking counters, while caution continues to overhang global technology valuations. In commodities, relief broadened as Brent crude extended its slide toward the $97 per barrel mark, while spot gold held steady near $4,100 per ounce.


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