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NIFTY 50 Index Drops Below 24,900 Mark in Intraday Trade on November 9, 2026

Written by: Team Angel OneUpdated on: 9 Nov 2026, 6:27 pm IST
NIFTY 50 Index traded deeply under pressure, dropping below the 24,900 mark during midday trade. The index is trading in the red amid broad-based selling momentum, with laggards heavily outnumbering gainers.
NIFTY 50 Index Drops Below 24,900
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The NIFTY 50 Index opened the November 9, 2026, session with a positive outlook at 25,076.40 and registered an intraday high of 25,084.05 soon after opening. The index later touched an intraday low of 24,838.75. 

NIFTY 50 Index Performance on November 9, 2026 

The NIFTY 50 index opened above its previous close at the 25,076.40 level and hit an intraday high of 25,084.05. 

As the session progressed, sustained selling pressure emerged, dragging the index down by over 140 points from its previous close to touch a low of 24,838.75. 

At 11:14 AM, the index was trading at 24,899.10, down by 87.30 points or 0.35% on November 9, 2026. 

Advance Decline Ratio of NIFTY 50 Index on November 9, 2026 

The market breadth of NIFTY 50 remained extremely weak during the morning session on November 9, 2026, with 16 stocks advancing and 34 stocks declining. 

Heavy liquidation was observed across index heavyweights, leaving the vast majority of index constituents in the red. 

Top Gainers and Losers of NIFTY 50 Index on November 9, 2026 

The market index recorded sharp downward movements across its constituents during the session as of 11:14 AM. 

Among the gainers, State Bank of India (SBIN) led the advance with a Last Traded Price (LTP) of 1,037.80, gaining 21.80 points (+2.15%). 

It was followed by Dr. Reddy's Laboratories (DRREDDY), which rose by 17.80 points (+1.30%) to an LTP of 1,387.80. 

Apollo Hospitals Enterprise (APOLLOHOSP) also traded firm at an LTP of 8,514.00 with a value increase of 84.00 points (+1.00%), while NTPC (NTPC) rounded out the top gainers at an LTP of 325.85, adding 3.15 points (+0.98%). 

Conversely, heavy selling pressure was observed among the top losers, Tata Steel (TATASTEEL) dropped the sharpest in percentage terms, falling by 5.15 points (-2.71%) to an LTP of 185.05. 

HCL Technologies (HCLTECH) also faced notable corrections, shedding 30.50 points (-2.12%) to reach an LTP of 1,411.50. 

Infosys (INFY) lost value, decreasing by 24.10 points (-2.06%) to trade at an LTP of 1,147.50, while UltraTech Cement (ULTRACEMCO) slid close behind, dropping by 234.00 points (-1.87%) to cross an LTP of 12,265.00. 

Read More: National Stock Exchange of India Share Price Surpasses Listing Day High on BSE! 

Conclusion 

On Monday, November 9, 2026, the NIFTY 50 Index traded with losses of 0.35% by midday, weighed down by widespread risk-off sentiment. Pressure in Tata Steel, HCL Technologies and Infosys dragged the index lower even as a few constituents showed relative resilience. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Nov 9, 2026, 12:57 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.
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