Morning Bell 9th June 2026 by Bajaj Broking Ltd
Market Commentary
Indian benchmark indices witnessed a sharp sell - off on 8 June amid weakness in global markets as escalating geopolitical tensions, and a surge in crude oil prices, raising concerns over inflationary pressures and their potential impact on economic growth .
* At close, the Nifty 50 declined 243 .70 points or 1.04 % to settle at 23 ,123 , while the Sensex fell 719.08 points or 0 .97% to close at 73 ,524 .26 .
* On the sectoral front, broad - based selling was witnessed across all major sectors . Nifty Realty emerged as the biggest loser, declining 3.00 %, followed by Nifty Metal, which fell 2.76%. Significant weakness was also visible in IT, Auto, and Energy stocks as investors reduced risk exposure amid uncertain global conditions .
* The broader market witnessed even stronger selling pressure than the benchmark indices . The Nifty Midcap 100 index declined 1.46 % amid profit booking across several sectors, while the Nifty Small cap 100 index fell nearly 2%, reflecting widespread weakness in the broader market .
* Gift Nifty signals a flat to negative opening for the Indian market . Nifty spot in today's session likely to trade in the range of 22 ,900 - 23 ,350 .
Global Updates
* Wall Street closed out Monday's session on a mixed note . Tech and growth sectors staged a welcome recovery to recapture lost ground, while old - economy cyclical names lagged behind .
* U.S . markets managed to claw back some ground on Monday as tech investors stepped in to buy the weekend dip . Semiconductor and artificial intelligence names led a solid relief rally, helping steady the broader indices after last week's sharp jobs shock . Marvell Technology stood out, jumping nearly 10% on news that it will soon join the benchmark S&P 500 .
* Asian regional layouts are putting up a highly mixed performance this morning as regional desks catch up to New York's late -session tech rotation . Japan’s Nikkei 225 opened over 1% higher on Tuesday, while South Korea’s Kospi rebounded from Monday’s slump to jump 4%.
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