Sensex Today | Stock Market Live Updates: Nifty remains below 24,000; IT stocks decline

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HomeMarket NewsSensex Today | Stock Market Live Updates: Nifty remains below 24,000; IT stocks decline

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By CNBCTV18.COM May 9, 2025 2:39 PM IST (Updated)

Stock Market Live Updates: The Indian equity markets are under immense pressure. The benchmark indices started the day with major cuts. The Nifty 50 hit the day's low of 23,935.75 points. In addition, the Sensex index hit the low mark of 78,968.34 points. Both Indices are trading with losses of over 1%.

 Nifty remains below 24,000; IT stocks decline

Stock Market Live Updates:

The Indian equity markets are under immense pressure. The benchmark indices started the day with major cuts.

The Nifty 50 hit the day's low of 23,935.75 points. In addition, the Sensex index hit the low mark of 78,968.34 points. Both Indices are trading with losses of over 1%.

After meandering along the flatline for a better part of Thursday's trading session, a combination of the weekly options expiry and India's confirmation of retaliating to Pakistan's attempts at targeting the country's military establishments saw the Nifty fall nearly 200 points from the day's high.

While the provisional closing indicated a close at 24,150, the final tick saw a 120-point adjustment, leading to the index closing at 24,273.

However, it was the broader markets that saw sharper cuts, with the Midcap index declining by over 1,000 points. Today's session will also see earnings reactions from stocks like Titan, Britannia, Pidilite, Zee Entertainment, Kalyan Jewellers, among others.

Stocks like Dr. Reddy's, Swiggy, Bank of India, and KPR Mill will also be reporting results today. Watch this space for all the Live updates.

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