Nifty 50 Daily Wrap — 9 Nov 2026: Gains 0.23%

MarketPulse summary: Nifty 50 rose 58.25 points (0.23%) to close at 25,044.65, with 21 of 50 constituents advancing and 28 declining. PSU Bank was the strongest sector (+3.73%) and IT the weakest (-1.22%).

📊 Key Numbers

📝 Market Wrap

Banks powered a narrow rise in the Nifty on 9 Nov 2026, even as most shares across the market lost ground. The index closed at 25,044.65, up 58.25 points or 0.23%, while the Sensex slipped 0.05% to 80,984.91. The Nifty Bank rallied 1.51% to 59,741.25 and Nifty Financial Services gained 0.75%, leaving financials doing much of the heavy lifting.

PSU Bank led sectors with a 3.73% jump, followed by Pharma at 1.65% and Healthcare at 1.33%. State Bank of India rose 2.56% to ₹1,042, while Trent added 2.02% and Nestle India 1.91%. At the other end, IT fell 1.22% and Metal slipped 0.46%. Tata Steel dropped 2.81% to ₹184.85, HCL Technologies lost 2.43%, and UltraTech Cement declined 1.79%. Midcaps held up better than the headline advance suggested, with the Nifty Midcap 50 up 0.53%.

The breadth tells the cautionary part of the story. Within the Nifty, 21 stocks advanced against 28 declines; across the NSE, 1,053 rose while 1,556 fell and 42 were unchanged. For an ordinary investor, that means the index’s gain was not shared widely: a portfolio’s day could look weaker than the Nifty’s 0.23% rise, depending on its exposure to banks, pharma and technology.

Next, watch whether PSU banks and private lenders can keep leading, whether IT and metals stop dragging, and whether advances begin to outnumber declines. The gap between the Nifty Bank’s strength and the softer Sensex, alongside midcap resilience, will show whether this remains a selective rally or broadens beyond financials.

📈 Sector Performance

🚀 Top Gainers (Nifty 50)

📉 Top Losers (Nifty 50)

🎯 Broader Market Breadth (all NSE stocks)

Data from NSE and public market sources, compiled automatically by MarketPulse. Figures may be delayed or revised. This is not investment advice.