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Sensex, Nifty Snap Two-Day Loss; Banks, Tech Stocks Drive Indian Market Rebound

· · 2 min read

India's Sensex and Nifty indices recovered on Tuesday, ending a two-day losing streak with modest gains. The rebound was fueled by heavyweight stocks like SBI and TCS, value buying, and easing crude oil prices, despite ongoing West Asia conflict concerns.

India's key equity indices, the BSE Sensex and NSE Nifty, broke a two-day losing streak on Tuesday, June 9, 2026. The market rebound was driven by significant gains in heavyweight stocks and renewed value buying. Easing crude oil prices also provided a boost to investor sentiment, even as uncertainties surrounding the West Asia conflict persisted.

At the close of trading, the Sensex advanced 116.67 points, or 0.16%, to settle at 74,243.34. Meanwhile, the Nifty climbed 49.85 points, or 0.21%, closing at 23,366.70.

Key Contributors to the Rally

Several major stocks played a crucial role in the Sensex's upward movement. Financial giants such as ICICI Bank, SBI, HDFC Bank, and Axis Bank, alongside industrial heavyweights Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS), Tata Steel, and Bajaj Finance, significantly contributed to the index's jump.

Top Sensex Gainers

Among the Sensex constituents, Trent led the gainers, rising 2.21% to Rs 2774.65. Other notable performers included Tata Consultancy Services (TCS) with a 1.85% increase, Tata Steel up 1.78%, NTPC gaining 1.28%, HCL Technologies advancing 1.20%, and Bharti Airtel seeing a 1.12% rise.

Sectoral Performance

Sectoral indices also reflected the positive market sentiment. The BSE Bankex saw a strong advance of 2.18%, closing at 62,264.81. The BSE Auto index also climbed, registering a 1.34% gain to settle at 57,325.45.

Stocks Under Pressure

Despite the broader market recovery, some stocks on the 30-pack index faced declines. Hindustan Unilever, Adani Ports, and Axis Bank were among the losers, with their shares falling by up to 2.10%.

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