On April 9, 2026, the Indian stock market surged following positive global sentiment surrounding a potential ceasefire between the US and Iran. The Nifty 50 index climbed 873 points to close at 23,997, while the BSE Sensex soared 2,946 points to finish at 77,562. The Bank Nifty also saw a substantial increase, rising 2,987 points to close at 55,703. The India VIX index dropped by nearly 21%, indicating reduced market volatility. Analyst Vaishali Parekh from Prabhudas Lilladher noted that the Nifty 50 has critical support in the 23,300-23,500 range, which must hold for further upward movement. She anticipates potential targets of 24,300 and 24,500 in the near future. Parekh also highlighted the Bank Nifty's positive momentum, suggesting that a decisive move past the 56,300 level could lead to targets of 57,300 and 58,000. For intraday trading, she recommended BLS International Services, Suzlon Energy, and CDSL, providing specific buy prices and targets for each.