Indian equity markets witnessed a corrective session on 9th April 2026, with Nifty declining around 0.5-0.8% after the sharp rally of the previous day. Nifty, Nifty Midcap 100, Nifty Smallcap 100, and India VIX reflected profit booking and cautious sentiment as investors shifted focus towards upcoming Q4 earnings.
The Nifty T20 losers list was dominated by sharp declines in key heavyweights across aviation, engineering, financial services, and banking sectors. INDIGO, LT, and JIOFIN led the downside amid broad-based selling pressure in the index.
Key Highlights
- INDIGO emerged as the top loser with a 2.98% decline to ₹4,478 on turnover of ₹4,841 crore.
- LT fell 2.84% to ₹3,892 with high value of ₹12,700 crore.
- JIOFIN dropped 2.78% to ₹240, while SHRIRAMFIN and KOTAKBANK lost 2.74% and 2.46% respectively.
- Banking names HDFCBANK, ICICIBANK, and SBIN also featured among notable losers with declines ranging from 1.7% to 2.23%.
- ETERNAL declined 2.32% on very high volume of over 2.71 crore shares.
Nifty T20 Losers on 9th April 2026
| Symbol | LTP | % Chng | Value (₹ Cr) |
|---|---|---|---|
| INDIGO | 4478 | -2.98 | 4841.76 |
| LT | 3892 | -2.84 | 12700.78 |
| JIOFIN | 240 | -2.78 | 2818.39 |
| SHRIRAMFIN | 995.2 | -2.74 | 5395.84 |
| KOTAKBANK | 370.8 | -2.46 | 2333.04 |
| ETERNAL | 237.97 | -2.32 | 6512.39 |
| HDFCBANK | 797.9 | -2.23 | 20900.68 |
| HDFCLIFE | 586 | -2.06 | 1129.57 |
| BAJFINANCE | 897.7 | -1.90 | 5880.24 |
| ICICIBANK | 1284.5 | -1.89 | 13124.82 |
| SBIN | 1043.45 | -1.70 | 16911.43 |
| M&M | 3158.9 | -1.59 | 6162.57 |
The session showed profit booking after the strong rebound on 8th April, with weakness concentrated in financials, IT, and select large-caps.
