Stock Market Today: Nifty Holds Near 25,000 as Bank Nifty Jumps 1% and IT Slips – 9 November 2026
Stock Market Today Live Updates Updated on: Posted By: Stock Market Live Update Enroll Now to Learn Stock Market Trading Indian equities showed two very different faces on Monday, 9 November 2026, the first regular session after Diwali’s Muhurat trading. The Nifty 50 spent the day hovering around 25,000, barely changed, while the Nifty Bank index jumped about 1.25% to roughly 59,584 as public-sector banks led the gains. Information technology moved the other way, with Nifty IT down about 1.6%, and pharma and healthcare stocks found buyers. The headline index hid a lot of movement underneath. Here is what drove the session and what traders may want to watch next. Stock Market Snapshot Index Level Change % Change Nifty 50 25,000.10 +13.70 +0.05% BSE Sensex 81,054.74 +55.34 +0.07% Nifty Bank 59,584.45 +733.80 +1.25% Nifty IT 32,351.60 -518.05 -1.58% Nifty Auto 27,864.35 +21.80 +0.08% These are late-session readings from Monday’s trade, so final closing values may differ slightly. At the index level the day looked quiet: the Nifty rose just 0.05% and the Sensex 0.07%. Underneath, banking added about 1.25% while technology lost about 1.6%, and the two largely cancelled each other out in the headline numbers. It is also worth noting that the Nifty is sitting almost exactly on the round 25,000 mark, a level traders often use as a reference point. What Moved the Stock Market Today? 1. Banks led from the front The Nifty Bank index rose about 1.25% to around 59,584, a gain of roughly 734 points, making it the standout index of the session. Moneycontrol’s market coverage said public-sector banks led the advance, with SBI up about 1.7%. Among private lenders, HDFC Bank gained about 1.7% to near ₹798 and ICICI Bank about 1% to near ₹1,586. Because banks carry a heavy weight in the Nifty, their strength offset weakness elsewhere. 2. IT slipped and breadth stayed soft Nifty IT fell about 1.6% to 32,351.60, and the BSE Teck index lost roughly 1.4%. The research we reviewed did not name a specific trigger for the IT weakness, so we are not assigning one. Breadth was also soft: on the NSE, about 1,376 stocks advanced while 1,897 declined, meaning more shares fell than rose even though the Nifty was marginally higher. 3. A calmer global and geopolitical tone Moneycontrol’s pre-market coverage noted that Gift Nifty pointed to an upbeat opening and that Brent crude had slipped under $100 a barrel. Separately, US President Donald Trump was reported to have called fresh US strikes on Iran very unlikely while nuclear negotiations continue. India imports most of its oil, so cooler crude and fewer geopolitical shocks are generally helpful for sentiment, although we cannot say how much of today’s move they explain. Key Market Developments Banks led, with PSU lenders in front. Beyond the index move, derivatives data showed HDFC Bank with a long build-up late in the session: its price rose about 1.7% while open interest increased roughly 4.9%. A rising price alongside rising open interest can point to fresh long positions, although it does not tell us whether those positions will work out. ICICI Bank and Indian Bank also featured on the long build-up list, with Indian Bank up about 4%. Pharma and healthcare found buyers. Moneycontrol reported the pharma index up about 1.5%, while the BSE Healthcare index gained roughly 1%. Divi’s Laboratories climbed around 4% after its Q2 results, and the brokerages cited in that coverage saw upside of up to 12%. Those are brokerage views, not certainties. Q2 results drew sharp, mixed reactions. Data Patterns rose about 9% even though its Q2 numbers were weak, with management saying it is confident of meeting its FY27 targets. Honasa Consumer, the parent of Mamaearth, gained about 5%. On the other side, Hindalco fell roughly 3% after its results, even though Moneycontrol Research described its Q2 profit as a record while flagging a softer second half. Voltas dropped nearly 4% intraday before trimming losses, with brokerages flagging margin risks. A share’s reaction depends on expectations, not just on headline profit. Gold financiers rose with bullion. Muthoot Finance and Manappuram Finance gained by up to about 3% as gold prices rebounded, according to Moneycontrol. Gold-loan lenders often move with the metal because gold secures their loans. IIFL Finance is on the radar. Moneycontrol reported that Blackstone is in talks for about a 15% stake in IIFL Finance in a deal worth roughly $500–600 million, with Advent also said to be in the fray. These are reported discussions, not a confirmed transaction. Stocks and Sectors in Focus Sector / Stock Move What stood out Nifty Bank +1.2% PSU banks led; SBI up about 1.7%. Pharma / Healthcare +1.0% to +1.5% Divi’s Laboratories up about 4% after Q2 results. Nifty Auto +0.1% Largely flat. BSE FMCG -0.6% Mild decline. BSE Metals -0.6% Hindalco down about 3% after Q2; Tata Steel down about 2.4%. BSE Teck -1.4% Moved lower alongside IT. Nifty IT -1.6% Largest decline among the indices tracked here. Banks and healthcare did the lifting while IT, metals and FMCG pulled the other way. The sector figures come from tables captured at slightly different moments in the session, so small differences from the final close are possible. FII/FPI and DII Activity Date FII/FPI Net (₹ crore) DII Net (₹ crore) 6 November 2026 +13,749.82 -5,968.70 8 November 2026 (Muhurat session) -0.25 -700.31 Only net figures were available, so buy and sell values are not shown. On 6 November, FIIs were net buyers of about ₹13,750 crore while DIIs were net sellers of about ₹5,969 crore. In the 8 November Muhurat session, FII activity was close to flat and DIIs were net sellers of roughly ₹700 crore. The 6 November foreign figure is unusually large, so it is worth confirming against official NSE and SEBI data before relying on it. Flow data for 9 November was not part of the research we reviewed. FIIs are overseas institutions such as global funds, while DIIs are domestic institutions such as mutual
