SME Times is powered by   
Search News
Just in:   • Indian Railways attracts $942 million FDI in 11 years  • Rupee hits record low of 92.63 amid firm dollar, import pressures  • India powering robust energy ecosystem, shaping sustainable atmosphere: PM Modi  • In manufacturing, technical integrity and global compliance are non-negotiable: Hitesh Mahnot  • Stakeholders call for holistic export cluster rejuvenation with focus on MSMEs 
Last updated: 09 Jun, 2025  

stock-2.jpg Indian stock market opens in green, IT and PSU banks lead

stock-2.jpg
   Top Stories
» India powering robust energy ecosystem, shaping sustainable atmosphere: PM Modi
» Stakeholders call for holistic export cluster rejuvenation with focus on MSMEs
» Indian-flagged LPG tanker ‘Nanda Devi’ to arrive at Kandla Port today
» Centre ups outlay for fertiliser subsidy by Rs 19,000 crore to boost farm output
» KV Ramana Murty appointed as SEBI’s whole‑time member
IANS | 09 Jun, 2025

The Indian benchmark indices opened higher on Monday amid positive global cues, as buying was seen in the IT, PSU banks and auto sectors in the early trade.

At around 9.26 am, Sensex was trading 379.01 points or 0.46 per cent up at 82,568 while the Nifty added 116.15 point or 0.46 per cent at 25,119.20.

Nifty Bank was up 273.35 points or 0.48 per cent at 56,851.75. The Nifty Midcap 100 index was trading at 59,405.95 after rising 395.65 points or 0.67 per cent. Nifty Smallcap 100 index was at 18,711.90 after climbing 129.45 points or 0.70 per cent.

According to analysts, the monetary bazooka fired by the RBI last week will keep the market spirits alive in the near-term.

But this may not be sufficient to sustain the rally, and more important is the trend in earnings growth, they added.

"Q4 results indicate better earnings growth for midcaps. FY26 earnings are unlikely to reach mid teens, which is necessary for the market to remain resilient and move up," said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd.

Meanwhile, in the Sensex pack, Bajaj Finance, Axis Bank, IndusInd Bank, Kotak Mahindra Bank and Infosys were the top gainers. Whereas, Titan, Tata Steel and Eternal were the top losers.

After a positive opening, Nifty can find support at 25,000, followed by 24,900 and 24,800. On the higher side, 25,100 can be an immediate resistance, followed by 25,200 and 25,300, said experts.

Given the current market dynamics and lingering global uncertainties, traders are advised to maintain a disciplined approach. It is prudent to avoid taking large overnight positions and instead focus on short-term trading opportunities, backed by strict stop-losses and robust risk management, said Hardik Matalia from Choice Broking.

The foreign institutional investors (FIIs) purchased equities worth Rs 1,009.71 crore on June 6, while domestic institutional investors (DIIs) extended their buying on the 14th day, as they bought equities of Rs 9,342.48 crore on the same day.

In the Asian markets, Hong Kong, Bangkok, China, Seoul and Japan were trading in green.

In the last trading session, Dow Jones in the US closed at 42,762.87, up 443.13 points, or 1.05 per cent. The S&P 500 ended with a gain of 61.06 points, or 1.03 per cent, at 6,000.36 and the Nasdaq closed at 19,529.95, up 231.51 points, or 1.20 per cent.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.35
89.65
UK Pound
₹125.3
₹121.3
Euro
₹108.5
₹104.85
Japanese Yen ₹58.65 ₹56.8
As on 19 Feb, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter