SENSEX jumps over 500 points, NIFTY50 opens at 23,259 amid positive global cues; IndiGo, Tata Motors PV among gainers

At 9:15 am opening bell, the NIFTY50 index opened 0.59% or 136 points higher at 23,259.05 points on Tuesday, compared to 23,123 points at the previous stock market close, according to NSE data.

Meanwhile, the BSE SENSEX index opened 0.70% or 511 points higher at 74,035.41 points on June 9, compared to 73,524.26 points at the previous trading close, as per the exchange data.

Before the opening bell, the GIFT NIFTY futures were trading higher at 23,176 points as investors focused on the positive recovery potential of the benchmark indices amid the positive market cues and a temporary cooldown in geopolitical tensions.

Markets were focused on any further signs of relief or de-escalations to improve the hopes of the long-awaited peace deal between Iran and the United States, while investors were focused on a buy-the-dip strategy, in turn fuelling the market sentiment.

The domestic stock indices were witnessing tailwinds from the oil prices easing to near $93 per barrel levels after a brief rally due to the frequent attacks between Iran and Israel despite an existing ceasefire deal in the region.

Latest reports suggest that both Israel and Iran have paused their missile and drone attacks against each other, acknowledging a ceasefire while threatening that any escalation beyond that will be retaliated against with force.

While the third round of US-Iran peace talks continues without any signs of progress or a near-term end to the West Asia conflict, which has entered its 15th week since its beginning back on February 28, 2026.

Although pressure remains from the FII selling stakes in Indian equities, the focus of investors was towards the recovery rather than the ₹5,555 crore assets which foreign investors sold during Monday’s stock market crash.

The Indian rupee recovering marginally against the US dollar also added support to the benchmark indices, as the domestic currency was trading 0.22% stronger at 95.49 against the greenback, compared to 95.70 levels at the previous market close.

Top gainers & losers today

Trent, InterGlobe Aviation (IndiGo), Grasim Industries, Jio Financial Services, Bajaj Finance, Eternal, and Axis Bank were among the top gainers on the benchmark NIFTY50 index during the early market session on Tuesday.

Trent was up 2.6%, IndiGo up 1.7%, Grasim Industries up 1.4%, Jio Financial Services up 1.4%, Axis Bank up 1.2%, Bajaj Finance up 1%, and Eternal up 1% were among the top gainers on June 9.

Other stocks like Coal India, NTPC, Infosys, Tata Steel, ONGC, Max Healthcare, and Hindalco were among the top losers on the index on Tuesday’s market.

Coal India was down 0.82%, NTPC was down 0.75%, Infosys was down 0.61%, Tata Steel was down 0.54%, ONGC was down 0.51%, Max Healthcare was down 0.42%, and Hindalco was down 0.39%, as per the early trading hours.

Out of the 50 stocks listed on the NIFTY50 index, only 11 stocks were trading in the red, while the remaining 39 others were in the positive territory on Tuesday, June 9.