Stock market prediction for Monday, 9 November, 2026: The Indian stock market is likely to open on a higher note as GIFT Nifty signalled a gap-up opening on Monday, 9 November, after both indices Sensex and Nifty wiped out their initial gains and ended lower on Sunday's Muhurat Trading session, marking the first instance in nine years that the benchmark indices closed in the red during the special Diwali trading session.
Meanwhile, Asian markets mostly fell on Monday; however, US stock futures were slightly higher on Sunday evening as investors await the release of key inflation data and earnings from major AI companies.
“After a sharp weekly advance and a subdued Muhurat trading session, the market enters the new week facing a key test of momentum, with investors likely to weigh the scope for further gains against the prospect of near-term profit-taking. The immediate focus will be on whether underlying buying interest can sustain the recent advance, particularly against the backdrop of lingering global concerns surrounding the AI trade and ahead of Thursday’s CPI data, which could provide the next significant directional cue for domestic equities,” said Ponmudi R, CEO of Enrich Money.
The benchmark indices began the special one-hour trading session on a positive note on Sunday but lost momentum towards the close, slipping into negative territory and ending near the day's lows. The Sensex declined nearly 29 points to settle at 80,999, while the Nifty 50 fell 44 points to close at 24,986.
The decline also brought an end to the six-session winning streak of both Sensex and Nifty. In the previous week, the Sensex had rallied a massive 6,569 points, while the Nifty had climbed nearly 9%.