Stock market today, April 9 -- The Nifty 50 and Sensex, which are the main domestic benchmarks, witnessed a decline on Thursday, April 9, reversing after a significant surge in the previous trading session, as renewed tensions in the Middle East dampened hopes for a lasting ceasefire between Iran and the US.

As of 10:07 IST, the Nifty 50 dropped by 0.71% to 23,822.45, while the Sensex fell by 0.93% to 76,847.10.

Both indices had risen approximately 4% each on Wednesday, fueled by a drop in oil prices following the agreement of a ceasefire between the United States and Iran, which ignited a rally in global markets.

Investor sentiment became wary after Iran declared it would be "unfair" to seek negotiations with Washington following Isra...