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Stock Market Today Live, July 9: Sensex up 450 pts, trades at 76,956.50; Nifty up 155 pts; Sun Pharma, SBI Life, Bajaj Finserv top gainers - BusinessLine
Stock Market Today Live, July 9: Sensex up 450 pts, trades at 76,956.50; Nifty up 155 pts; Sun Pharma, SBI Life, Bajaj Finserv top gainersBusinessLine

Nifty Above 24,000, Sensex Rises 530 Points: Three Reasons Why Market Is Rising
The broader indices are trading positively, with Nifty Smallcap 250 higher by just 1.46%, while the Midcap 150 rose 1.47%.
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.

SBI Funds Management fixes price band for ₹11,692 crore IPO; Details here
At the upper end of the price band, SBI Funds Management will have a market capitalization of nearly ₹1.17 lakh crore, which puts it at par or even higher than many Nifty 50 companies.

SBI Fund Management IPO to open on July 14; SBI to sell 6.3% stake through OFS
The IPO comprises an offer for sale (OFS) of up to 20.37 crore equity shares, representing up to 10.0013% of SBI Funds Management's paid-up equity share capital.
India's mutual fund industry just beat FIIs in a historic first. Here's what changed
India's mutual fund industry has overtaken foreign institutional investors in total assets under custody for the first time, marking a historic shift in market ownership. Strong SIP inflows and sustained domestic participation have driven the milestone, even as FII holdings declined amid continued selling and changing global investment trends.
10 microcap stocks rally up to 430% in CY26; 5 turn multibaggers: Here’s FII and MF exposure
Microcap stocks delivered stellar CY26 gains, with several companies rallying over 50%. Sterlite Technologies, MTAR Technologies and others emerged as multibaggers, attracting significant FII and mutual fund interest.

Nifty Down 0.5%, Sensex Drops 400 Points: Three Reasons Why Market Is Falling
The broader market is facing slight pressure too, with the Nifty Smallcap 250 falling almost 0.1%, and the Nifty Midcap 150 dropping about 0.16%.

Top Banks Drag Bank Nifty: SBI, PNB, Bank Of Baroda, Canara Bank Fall; ICICI Bank Bucks The Trend
Bank Nifty declined after losses in SBI, Bank of Baroda, PNB and Canara Bank, while options data showed fresh short bets.
Are bluechip stocks cheap and safe to invest in now? Radhika Gupta explains why the answer isn't so simple
Edelweiss Mutual Fund MD & CEO Radhika Gupta says investors should move beyond the belief that large-cap stocks are inherently safer, arguing India's evolving economy favours bottom-up investing across market caps. She remains optimistic about domestic inflows, advocates diversified portfolios with global exposure, and expects double-digit equity returns, while cautioning against relying on outdated market narratives.

Stock Market Today: Gift Nifty Drops 150 Points As Iran-US Tensions Signal Gap-Down Startcalate - News18
Stock Market Today: Gift Nifty Drops 150 Points As Iran-US Tensions Signal Gap-Down StartcalateNews18

Why did the stock market fall today? Sensex snaps 4-day winning streak, Nifty slips below 24,400
The Sensex fell 104 points to close at 78,181, while the Nifty 50 declined 32 points to end at 24,399, slipping below the 24,400 mark. The Nifty Bank lost 91 points to settle at 58,201, while the Nifty Midcap Index underperformed, ending 186 points lower at 62,285 after falling more than 300 points from the day's high.