Gift Nifty 🔴 Down 0.60% at 23,653.50; support at 23,625–23,600 and resistance at 23,685–23,725
Nifty 🔴 Closed 0.61% lower at 23,635.10; immediate support at 23,500–23,580 and resistance at 23,800–23,870
According to Bagadia, the short-term Nifty trend remains bearish. Any recovery may attract selling pressure unless the index decisively reclaims its key resistance levels.
Gift Nifty was trading at 23,653.50, down 0.60% on September 9, 2026, signalling a gap-down opening for the Indian stock market.
Crude oil climbed above $94 per barrel to reach a three-month high after US forces struck Iranian tankers near Kharg Island, a major Iranian crude-export hub. The attack and Iran’s retaliation have increased fears of further supply disruptions.
