The NIFTY 50 closed sharply lower on March 9, 2026, ending the session at 24,028.05 with a decline of 421.40 points or 1.73%. The session saw heavy selling across auto, cement and consumer stocks, putting broad pressure on the index.
Global weakness and sector-specific headwinds further contributed to the negative sentiment. Despite the steep fall, select stocks such as Wipro, Reliance Industries and Apollo Hospitals managed to post modest gains.
The index opened on a weak note and extended losses throughout the day as selling intensified across major sectors. Auto stocks were among the hardest hit, with significant declines in TMPV, Maruti Suzuki India and Eicher Motors.
Cement major UltraTech Cement also weighed heavily on the benchmark, contributing to the downside. Meanwhile, pockets of strength in information technology and healthcare offered only limited intraday support.
| Company Name | LTP | Change (₹) | % Change | Volume (Lakhs) | Value (₹ Crores) |
| Wipro | 198.60 | 3.20 | 1.64 | 258.63 | 509.31 |
| Reliance Industries | 1,418.60 | 13.80 | 0.98 | 248.71 | 3,492.04 |
| Apollo Hospitals | 7,791.00 | 66.50 | 0.86 | 3.59 | 275.71 |
| Infosys | 1,316.00 | 7.60 | 0.58 | 100.69 | 1,309.25 |
| HCL Technologies | 1,362.40 | 5.70 | 0.42 | 22.57 | 305.88 |
| Company Name | LTP | Change (₹) | % Change | Volume (Lakhs) | Value (₹ Crores) |
| TMPV | 332.25 | -18.50 | -5.27 | 172.41 | 572.71 |
| UltraTech Cement | 11,358.00 | -629.00 | -5.25 | 5.91 | 675.00 |
| Maruti Suzuki India | 13,498.00 | -661.00 | -4.67 | 6.76 | 911.49 |
| Eicher Motors | 7,275.00 | -345.50 | -4.53 | 5.55 | 405.64 |
| Mahindra & Mahindra | 3,184.50 | -148.00 | -4.44 | 39.61 | 1,258.62 |
Auto and cement stocks were the biggest drags of the session, with steep declines across major names such as Maruti Suzuki India, Mahindra & Mahindra and UltraTech Cement. The weakness reflected broader concerns around demand trends and global market sentiment.
Information technology stocks showed resilience, supported by gains in Wipro, Infosys and HCL Technologies. Healthcare also offered selective strength, with Apollo Hospitals rising despite broader market weakness.
Read More: Rupee Hits Record Low Of 92.31 Amid Crude Surge and Global Risk-Off Sentiment.
The NIFTY 50 declined sharply on March 9, 2026, weighed down by substantial losses in the auto and cement sectors. Wipro and Reliance Industries emerged as the top gainers, but their contributions were not enough to offset the heavy selling pressure.
TMPV and UltraTech Cement were the biggest drags, signalling weakness across key cyclical sectors. Overall, sentiment remained bearish, leading the index to end the session firmly in the red.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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: Mar 9, 2026, 4:01 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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