# Indian stock market ended 1% lower on Thursday, April 9.

*business · news · 2026-04-10 · Livemint*

## Key points

- Nifty 50 and Bank Nifty both formed bearish piercing patterns, signaling potential short-term downside.
- Significant put writing at 24,000 and call writing at 23,700 suggest Nifty may consolidate in a narrow range.
- Isgec Heavy Engineering has decisively closed above its 200-day EMA, indicating a potential trend reversal.
- Sumeet Bagadia recommends buying GE Vernova T&D India, Isgec Heavy Engineering, Waaree Energies, Senores Pharmaceuticals, and Power Finance Corporation.

**Companies:** GE Vernova T&D India, Isgec Heavy Engineering, Waaree Energies, Senores Pharmaceuticals, Power Finance Corporation
**Countries:** India

[Read the full story on Livemint](https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-or-sell-sumeet-bagadia-recommends-five-shares-to-buy-today-10-april-2026-11775748136727.html)

---

Canonical: https://newsio.io/n/eae4b004-78d9-46ba-b115-492d10b47d7f/indian-stock-market-ended-1-lower-on-thursday-april-9
Summarized by Newsio from Livemint. https://newsio.io/how-it-works