Live Market Update - 09 April, 2026

Market slipping… but this is not a weak tape. Index under pressure mainly because of banks dragging, but look underneath - broader market is actually strong. Midcaps holding well, breadth clearly positive. This is stock-specific buying, not panic selling. Where money is going 👇 Defence, Capital Markets, PSU/PSE names, Metals - clear rotation into high beta + theme-driven pockets Private banks are the only real drag. Important level: 24200 is the intraday wall. Unless that gets taken out, this looks like sell on rise in index, buy on dips in stocks. This is not a one-sided market. It’s a rotation game now.