Mumbai, India — April 9, 2026
Indian equity markets opened on a weak note on Thursday, with benchmark indices slipping in early trade amid selling pressure in key sectors such as IT and infrastructure.
The 30-share BSE Sensex fell more than 500 points during initial trading, reflecting cautious investor sentiment after recent gains. Despite some volatility, the index was seen trading around 77,004.47 levels, down approximately 0.72%.
Nifty Slips Below Key Level
The NSE Nifty 50 also declined, falling 157.10 points, or 0.65%, to trade at 23,840.25. The drop pushed the index below the psychologically important 23,850 mark, signaling short-term weakness in market momentum.
IT and Adani Stocks Lead Losses
Among major losers in early trade were Infosys and Adani Ports and Special Economic Zone, both of which declined by up to 2%.
Selling pressure in IT stocks weighed on the broader indices, while select infrastructure and large-cap stocks also contributed to the decline.
Market Sentiment Turns Cautious
The weak opening comes after a strong rally in previous sessions, prompting profit booking by investors. Analysts suggest that global cues, sector-specific weakness, and short-term valuation concerns may be influencing the market trend.
Volatility Expected to Continue
Market experts believe that volatility may persist in the near term, as investors closely monitor global developments, oil prices, and macroeconomic indicators.
Key Levels to Watch
- Sensex Support: Around 76,500
- Nifty Support: Near 23,700
- Resistance Levels: Likely around recent highs
Investors are advised to remain cautious and focus on fundamentally strong stocks amid fluctuating market conditions.
