Market Close Report Today, September 10, 2026: Nifty, Sensex Edge Up As Financials Shine

Mumbai, September 10: Indian equity benchmarks ended higher on Thursday after a volatile session, with the Nifty closing above the 23,450 mark as gains in media and banking stocks helped offset weakness in metal, auto and pharma shares. The Sensex rose 138.36 points, or 0.19%, to close at 74,902.59, while the Nifty gained 46.30 points, or 0.20%, to end at 23,477.80. 

Market breadth remained weak despite the benchmark gains, with 1,872 shares advancing against 2,272 declining stocks, while 155 shares ended unchanged. The recovery came a day after the Sensex plunged more than 800 points and the Nifty shed over 200 points as crude oil prices climbed above $100 a barrel. 

Media, banks lead sectoral gains 

Among sectors, media stocks emerged as the strongest performers, while PSU banks and private banks also ended in positive territory. Buying in financial stocks provided support to the benchmarks and helped offset losses across several other major sectors. 

On the other hand, metal, auto and pharma stocks ended lower, with each sectoral index declining around 0.5%. Selling in heavyweight names such as HCL Technologies, Hindalco Industries, Tata Steel, Adani Enterprises and Mahindra & Mahindra capped the market’s gains. 

HDFC Life, ONGC among top gainers 

HDFC Life, Power Grid Corporation, ONGC, Bharti Airtel and Tech Mahindra were among the top gainers on the Nifty. ONGC benefited from elevated crude prices, with Brent holding above the $100-a-barrel level amid heightened tensions in the Middle East. 

Tech Mahindra gained despite broader weakness in the IT pack, while Bharti Airtel and HDFC Life also contributed to the benchmark’s advance. 

Among the major laggards, HCL Technologies, Hindalco Industries, Tata Steel, Adani Enterprises and M&M faced selling pressure. The weakness in metals came even as crude remained elevated, reflecting continued caution towards cyclical sectors. 

Midcaps underperform 

The broader market remained relatively subdued. The Nifty Midcap index fell 0.4%, underperforming the benchmark indices, while the Nifty Smallcap index ended unchanged. 

The divergence between the benchmark indices and broader market reflected selective buying rather than a broad-based recovery. Investors continued to remain cautious amid elevated crude prices and geopolitical uncertainty, even as domestic financial stocks provided some support. 

The market’s recovery also came against the backdrop of persistent concerns over higher oil prices. Brent crude remained above $100 a barrel after crossing the psychological mark earlier this week, raising concerns over inflation, the rupee and India’s import bill. 

The Nifty’s close above 23,450 nevertheless offered some respite after Wednesday’s sharp selloff, although weak market breadth and continued pressure in several key sectors suggested that investors remained selective in Thursday’s session. 

Source

• NSE
• BSE