Indian benchmark indices Sensex and Nifty closed higher on July 9, 2026, recovering from the previous session’s sharp Middle East-driven selloff on the back of bargain buying.
Key Highlights
- BSE Sensex gained 238.22 points (0.31%) to settle at 76,741.82
- NSE Nifty rose 80.75 points (0.34%) to close at 23,962.80
- Nifty Realty was the top sectoral gainer, up 3.5%, followed by Nifty Media and Nifty PSU Bank
- BSE MidCap Select Index added 1.39%; BSE SmallCap Select Index jumped 1.79%
- DII net inflows stood at ₹1,285.25 crore while FIIs were net sellers at ₹334.72 crore
Technical Outlook
Sensex continues to hold above its crucial 50-day EMA, with 76,000–76,200 acting as immediate support and 77,000–77,300 as key resistance. Nifty’s RSI at 51.02 suggests room for further upside if buying momentum sustains.
What to Watch
Investors are watching global crude prices and further developments in the Strait of Hormuz crisis, which could dictate near-term market direction ahead of Q1 earnings season.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before making investment decisions.
