{"id":297438,"date":"2026-10-09T10:56:58","date_gmt":"2026-10-09T05:26:58","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=297438"},"modified":"2026-10-09T10:56:58","modified_gmt":"2026-10-09T05:26:58","slug":"nifty-rebound-09102026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/","title":{"rendered":"Nifty Rebound Above 22,400: Why the Sensex Jumped Over 600 Points as IT and Banks Led the Recovery"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Nifty 22,482.10 (+1.13%). Sensex 72,350.76 (+1.06%). Nifty IT +3.43%. Bank Nifty +1.14%. India VIX 14.67. Data at 10:22 am IST, 9 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Nifty rebound above 22,400 is the market&#8217;s first sharp recovery after the RBI&#8217;s rate hike pushed benchmarks to multi-month lows. At 10:22 am on 9 October 2026, the Nifty 50 was at 22,482.10, up 1.13%, while the Sensex gained 757.52 points to 72,350.76. Nifty IT jumped 3.43% after TCS results and US visa announcements, and Bank Nifty added 1.14%. India VIX fell 3.99% to 14.67, which suggests nervousness is easing, though one session does not make a trend.<\/p>\n<\/p><\/div>\n<p>The Nifty rebound on Friday morning is broad rather than narrow. The Sensex was up more than 600 points by 9:44 am and the Nifty reclaimed 22,400, with 1,827 stocks advancing against 1,375 declining. By 10:22 am the gains had widened, with the Nifty 50 at 22,482.10.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=nifty-rebound-09102026\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p>Thursday&#8217;s close was the low point. The Nifty ended at 22,231.80 and the Sensex at 71,593.24, levels that market reports described as an 18-month low for the Nifty and a 32-month low for the Sensex. Below, we set out what is behind the Nifty rebound, which sectors are doing the lifting, and what could stop it.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#What_Is_Driving_the_Nifty_Rebound_Today\" title=\"What Is Driving the Nifty Rebound Today\">What Is Driving the Nifty Rebound Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#Why_the_Market_Fell_Earlier_This_Week\" title=\"Why the Market Fell Earlier This Week\">Why the Market Fell Earlier This Week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#Index_Scorecard_at_10_22_am\" title=\"Index Scorecard at 10:22 am\">Index Scorecard at 10:22 am<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#How_Far_Has_the_Nifty_Rebound_Travelled\" title=\"How Far Has the Nifty Rebound Travelled?\">How Far Has the Nifty Rebound Travelled?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#IT_and_Banks_Lead_While_Energy_Lags\" title=\"IT and Banks Lead While Energy Lags\">IT and Banks Lead While Energy Lags<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#Technical_View_Levels_the_Index_Must_Clear\" title=\"Technical View: Levels the Index Must Clear\">Technical View: Levels the Index Must Clear<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#Risks_That_Could_Cut_the_Nifty_Rebound_Short\" title=\"Risks That Could Cut the Nifty Rebound Short\">Risks That Could Cut the Nifty Rebound Short<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#What_Investors_Can_Do_Now\" title=\"What Investors Can Do Now\">What Investors Can Do Now<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#What_is_the_Nifty_rebound_today\" title=\"What is the Nifty rebound today?\">What is the Nifty rebound today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#Why_is_the_Sensex_up_today\" title=\"Why is the Sensex up today?\">Why is the Sensex up today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#Is_the_Nifty_rebound_sustainable\" title=\"Is the Nifty rebound sustainable?\">Is the Nifty rebound sustainable?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#What_are_the_key_Nifty_support_and_resistance_levels_today\" title=\"What are the key Nifty support and resistance levels today?\">What are the key Nifty support and resistance levels today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#Which_sectors_are_leading_the_Nifty_rebound\" title=\"Which sectors are leading the Nifty rebound?\">Which sectors are leading the Nifty rebound?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#What_does_a_falling_India_VIX_mean\" title=\"What does a falling India VIX mean?\">What does a falling India VIX mean?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#Should_I_buy_stocks_after_the_Nifty_rebound\" title=\"Should I buy stocks after the Nifty rebound?\">Should I buy stocks after the Nifty rebound?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/nifty-rebound-09102026\/#Why_did_the_Nifty_and_Sensex_fall_before_the_Nifty_rebound\" title=\"Why did the Nifty and Sensex fall before the Nifty rebound?\">Why did the Nifty and Sensex fall before the Nifty rebound?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_Is_Driving_the_Nifty_Rebound_Today\"><\/span><strong>What Is Driving the Nifty Rebound Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Information technology is doing most of the heavy lifting. Nifty IT is up 3.43% at 28,688.45 after <a href=\"https:\/\/univest.in\/stocks\/tcs\/tata-consultancy-services-ltd-share-price-today\">Tata Consultancy Services<\/a> reported September-quarter numbers that marginally beat estimates, and after US announcements on H-1B visas and the Green Card programme late on Thursday.<\/p>\n<p>Banks are the second pillar. Bank Nifty is up 1.14% at 55,136.25, the Nifty Private Bank index is up 1.12% and the Nifty PSU Bank index is up 1.52%. Financials carry the heaviest weight in the benchmark, so a one per cent move there lifts the headline index quickly.<\/p>\n<p>Nervousness has also eased. India VIX, the market&#8217;s fear gauge, is down 3.99% at 14.67 from 15.28 on Thursday, and a falling VIX usually accompanies calmer trading.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Why_the_Market_Fell_Earlier_This_Week\"><\/span><strong>Why the Market Fell Earlier This Week<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The sell-off was driven by policy and oil. On 7 October the Reserve Bank of India&#8217;s Monetary Policy Committee raised the repo rate by 25 basis points to 5.50%, its first increase in four years, and moved to a stance of calibrated tightening, according to market reports. That removed the prospect of near-term rate cuts for rate-sensitive sectors.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/large-cap-etfs-09102026\">Large Cap ETFs After the Nifty&#8217;s 18-Month Low: Costs, Size and Returns of Popular Nifty 50 Funds<\/a><\/p>\n<p>Oil hovering around 100 dollars a barrel and a rupee trading near 96.7 per dollar added to the pressure. The Nifty slipped from Tuesday&#8217;s close of 22,776 to 22,231.80 on Thursday, a fall of about 2.4% before the Nifty rebound began.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Index_Scorecard_at_10_22_am\"><\/span><strong>Index Scorecard at 10:22 am<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below shows where the main indices stood at 10:22 am, midway through the Nifty rebound.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:12px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;background:#EBF3FB;text-align:left;\">Index<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;background:#EBF3FB;text-align:left;\">Level<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;background:#EBF3FB;text-align:left;\">Change<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;background:#EBF3FB;text-align:left;\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;\"><a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a><\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">22,482.10<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+250.30<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+1.13%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;\"><a href=\"https:\/\/univest.in\/indices\/sensex\/sensex-share-price-today\">Sensex<\/a><\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">72,350.76<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+757.52<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+1.06%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;\"><a href=\"https:\/\/univest.in\/indices\/nifty-bank\/nifty-bank-share-price-today\">Bank Nifty<\/a><\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">55,136.25<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+621.20<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+1.14%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;\"><a href=\"https:\/\/univest.in\/indices\/niftyit\/nifty-it-share-price-today\">Nifty IT<\/a><\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">28,688.45<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+951.85<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+3.43%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;\"><a href=\"https:\/\/univest.in\/indices\/nifty-midcap-100\/nifty-midcap-100-share-price-today\">Nifty Midcap 100<\/a><\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">21,562.75<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+251.25<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+1.18%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;\"><a href=\"https:\/\/univest.in\/indices\/nifty-smallcap-100\/nifty-smallcap-100-share-price-today\">Nifty Smallcap 100<\/a><\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">19,158.70<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+108.60<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">+0.57%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;\">India VIX<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">14.67<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">-0.61<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">-3.99%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Every index in the table is higher except India VIX, which falls when markets calm. The Smallcap 100&#8217;s 0.57% gain trails the Midcap 100&#8217;s 1.18%, so the Nifty rebound is being led by large and mid-sized stocks rather than the smallest names.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"How_Far_Has_the_Nifty_Rebound_Travelled\"><\/span><strong>How Far Has the Nifty Rebound Travelled?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Nifty has recovered about 250 points from Thursday&#8217;s close but remains about 1.3% below Tuesday&#8217;s close of 22,776. It opened at 22,314.95, dipped to 22,294.75 and touched 22,502.75, so the session range is only about 208 points.<\/p>\n<p>Experts quoted in market reports say the index could still dip below 22,000 once before forming a durable bottom. Today&#8217;s low of 22,294.75 sits about 1.3% above that level.<\/p>\n<p>That makes the next few sessions more informative than today&#8217;s gain. A Nifty rebound that holds above Thursday&#8217;s close through the afternoon is a firmer signal than one that fades by the close.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"IT_and_Banks_Lead_While_Energy_Lags\"><\/span><strong>IT and Banks Lead While Energy Lags<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Within IT, <a href=\"https:\/\/univest.in\/stocks\/infy\/infosys-ltd-share-price-today\">Infosys<\/a> is up 2.81% at Rs 1,025, <a href=\"https:\/\/univest.in\/stocks\/wipro\/wipro-ltd-share-price-today\">Wipro<\/a> is up 3.49% at Rs 163.90 and <a href=\"https:\/\/univest.in\/stocks\/hcltech\/hcl-technologies-ltd-share-price-today\">HCL Technologies<\/a> is up 2.69% at Rs 1,208.50, while Tata Consultancy Services leads with a 5.73% gain at Rs 2,195. The sector is the strongest on the board by a wide margin, which puts IT at the centre of the Nifty rebound.<\/p>\n<p>Energy and oil and gas indices were the early laggards, down 0.65% and 0.52% around 9:30 am. Sector moves have flipped quickly in the first hour: the Nifty Smallcap 100, which showed a 0.12% loss early on, is now up 0.57%.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Use the Univest Screener to scan Nifty stocks by RSI, volume and 52-week range<\/strong><\/a><\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Technical_View_Levels_the_Index_Must_Clear\"><\/span><strong>Technical View: Levels the Index Must Clear<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The daily chart still leans weak even after the Nifty rebound. At 10:28 am the Nifty 50 was at 22,500.70 with a 14-day RSI of 33.85, a reading in the weak zone just above oversold territory at 30. The MACD line at -364.03 remains below its signal line at -334.88.<\/p>\n<p>The SuperTrend band at 23,122.04 sits above the index, which keeps the trend marked as down, and the 20-day average at 22,971.45 is the first hurdle. The lower band at 22,064.16 lies close to the 22,000 round number.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:12px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;background:#EBF3FB;text-align:left;\">Index<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;background:#EBF3FB;text-align:left;\">Price (10:28 am)<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;background:#EBF3FB;text-align:left;\">RSI (14)<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;background:#EBF3FB;text-align:left;\">MACD vs signal<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;background:#EBF3FB;text-align:left;\">SuperTrend<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;background:#EBF3FB;text-align:left;\">20-day average<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;\">Nifty 50<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">22,500.70<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">33.85<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">-364.03 vs -334.88<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">23,122.04 (down)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">22,971.45<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;\">Sensex<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">72,402.23<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">38.44<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">-1,051.99 vs -1,021.11<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">74,273.93 (down)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">73,505.10<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;\">Bank Nifty<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">55,180.90<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">39.82<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">-585.40 vs -596.88<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">56,000.43 (down)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">55,512.18<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;\">Nifty IT<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">28,650.90<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">46.92<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">-499.92 vs -557.25<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">29,467.64 (down)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;\">28,446.57<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Nifty IT has the strongest RSI of the four, and its MACD histogram has turned positive at 57.33. Bank Nifty&#8217;s histogram is also marginally positive at 11.48, while the Nifty 50 and Sensex histograms remain negative. In plain terms, the momentum shift behind the Nifty rebound has started in IT and banks first.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Risks_That_Could_Cut_the_Nifty_Rebound_Short\"><\/span><strong>Risks That Could Cut the Nifty Rebound Short<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Monetary tightening is the biggest overhang. A higher repo rate raises borrowing costs for companies and households, and the RBI has signalled that cuts are off the table for now. Credit-linked sectors can stay under pressure even when the index recovers.<\/p>\n<p>Oil and the rupee are the second risk to the Nifty rebound. If crude climbs again, the import bill and a rupee near its record low of about 97 per dollar can push foreign portfolio investors back to the sidelines.<\/p>\n<p>Third, the Nifty rebound is concentrated. IT is the strongest sector on the board, so a pause there would test the broader rally. Finally, a bounce after a steep fall is often a relief rally rather than a change of trend.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_Investors_Can_Do_Now\"><\/span><strong>What Investors Can Do Now<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Staggering purchases during a Nifty rebound is more practical than guessing the bottom. Investors who want large-cap exposure can spread buys across several sessions, keep a stop-loss on trades, and size positions so that a further 3% to 4% fall would not force a sale.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/rupee-today-09102026\">Rupee Today Holds Near 96.7 After the RBI Rate Hike: What a Weak Currency Means for Importers, Exporters and Investors<\/a><\/p>\n<p>Long-term investors who run monthly SIPs do not need to react to a single session of the Nifty rebound. Those who prefer index funds can compare costs and tracking error before choosing.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track live Nifty and Sensex levels and get daily stock ideas.<\/em><\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Nifty rebound above 22,400 is a welcome pause after a sharp two-day fall, led by IT and banks and backed by a lower India VIX. The daily indicators, however, remain weak, the index is still below its 20-day average of 22,971.45, and the RBI&#8217;s tightening stance has not changed.<\/p>\n<p>Investors trying to read the Nifty rebound may prefer to wait for a close above that average, keep stop-loss levels in place and review Univest research before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_is_the_Nifty_rebound_today\"><\/span><strong>What is the Nifty rebound today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Nifty rebound is the index&#8217;s recovery on 9 October 2026, when the Nifty 50 rose 1.13% to 22,482.10 at 10:22 am after closing at 22,231.80 on Thursday. The Sensex also gained 757.52 points to 72,350.76.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Why_is_the_Sensex_up_today\"><\/span><strong>Why is the Sensex up today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Sensex is up mainly because IT and banking stocks are rising. Nifty IT gained 3.43% after TCS results, Bank Nifty gained 1.14%, and India VIX fell 3.99%, which reduced nervousness.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Is_the_Nifty_rebound_sustainable\"><\/span><strong>Is the Nifty rebound sustainable?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It is too early to say. The 14-day RSI of 33.85 and the SuperTrend at 23,122.04 still show a weak daily trend, so a close above the 20-day average of 22,971.45 would be a stronger sign of a lasting Nifty rebound.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_are_the_key_Nifty_support_and_resistance_levels_today\"><\/span><strong>What are the key Nifty support and resistance levels today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Today&#8217;s low of 22,294.75 and the 22,000 round number are the nearby supports, while the 20-day average at 22,971.45 and the SuperTrend at 23,122.04 act as resistance. These are reference levels only.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Which_sectors_are_leading_the_Nifty_rebound\"><\/span><strong>Which sectors are leading the Nifty rebound?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> IT is leading the Nifty rebound, with Nifty IT up 3.43%. Bank Nifty is up 1.14%, the Nifty PSU Bank index is up 1.52% and the Nifty Midcap 100 is up 1.18%.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_does_a_falling_India_VIX_mean\"><\/span><strong>What does a falling India VIX mean?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A falling India VIX means traders expect smaller index swings in the near term. India VIX dropped 3.99% to 14.67, though one day&#8217;s fall does not remove event risks such as policy changes or oil spikes.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Should_I_buy_stocks_after_the_Nifty_rebound\"><\/span><strong>Should I buy stocks after the Nifty rebound?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Buying after a bounce depends on your time horizon and risk appetite. Many investors stagger purchases, use stop-loss orders and consult a SEBI-registered investment adviser before acting.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Why_did_the_Nifty_and_Sensex_fall_before_the_Nifty_rebound\"><\/span><strong>Why did the Nifty and Sensex fall before the Nifty rebound?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Markets fell after the RBI raised the repo rate by 25 basis points to 5.50% on 7 October, alongside oil near 100 dollars a barrel and a weak rupee, according to market reports. The Nifty closed Thursday at 22,231.80.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Nifty rebound today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Nifty rebound is the index's recovery on 9 October 2026, when the Nifty 50 rose 1.13% to 22,482.10 at 10:22 am after closing at 22,231.80 on Thursday. The Sensex also gained 757.52 points to 72,350.76.\"}},{\"@type\":\"Question\",\"name\":\"Why is the Sensex up today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Sensex is up mainly because IT and banking stocks are rising. Nifty IT gained 3.43% after TCS results, Bank Nifty gained 1.14%, and India VIX fell 3.99%, which reduced nervousness.\"}},{\"@type\":\"Question\",\"name\":\"Is the Nifty rebound sustainable?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is too early to say. 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Many investors stagger purchases, use stop-loss orders and consult a SEBI-registered investment adviser before acting.\"}},{\"@type\":\"Question\",\"name\":\"Why did the Nifty and Sensex fall before the Nifty rebound?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Markets fell after the RBI raised the repo rate by 25 basis points to 5.50% on 7 October, alongside oil near 100 dollars a barrel and a weak rupee, according to market reports. The Nifty closed Thursday at 22,231.80.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Nifty and Sensex bounced hard on Friday morning after a two-day slide. Here is who led the move, where the charts stand and what could spoil it.<\/p>\n","protected":false},"author":34,"featured_media":297437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[1018,1019],"class_list":["post-297438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-nifty","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["297437"],"rank_math_title":["Nifty Rebound Above 22,400 as IT and Banks Lift the Sensex"],"rank_math_description":["Nifty rebound above 22,400 on 9 October 2026 as the Sensex gains over 600 points. See index levels, sector leaders, key support levels and the risks to watch today."],"rank_math_focus_keyword":["Nifty rebound"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/nifty-rebound-above-22-400-why-the-sensex-jumped-over-600-points-as-it-and-banks.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/297438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=297438"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/297438\/revisions"}],"predecessor-version":[{"id":297439,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/297438\/revisions\/297439"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/297437"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=297438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=297438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=297438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}