The Indian stock market displayed mixed sentiments in the afternoon trade session on 7th May 2026. The Nifty 50 edged up slightly to 24,347.50, marking a 0.07% increase from its opening level of 24,398.50. Meanwhile, the Sensex experienced a minor decline, trading at 77,954.57, down 0.01% from its open. The Nifty Auto index emerged as a significant gainer, advancing by 2.16% to reach 27,402.55, reflecting strong sectoral performance.
Index movements
The Nifty 50 opened at 24,398.50 and fluctuated throughout the session, reaching a high of 24,482.10 and a low of 24,284.00. The index’s trajectory showed volatility, with notable movements at 12:45 when it peaked at 24,460.15. The Sensex, which opened at 78,339.24, recorded a high of 78,384.70 and a low of 77,713.21, indicating a narrow trading range. The Bank Nifty also saw modest movements, opening at 56,114.00 and currently trading at 56,024.15, up 0.08% from its opening level.
Sectoral performance
Sectoral indices presented varied performances, with the Nifty Auto index leading the gains, climbing to 27,402.55 from an opening of 26,983.15. The Nifty Midcap 50 and Nifty Midcap 100 also showed positive momentum, rising by 1.24% and 1.02% respectively. Conversely, the Nifty FMCG index declined by 0.43%, trading at 51,238.30, while the Nifty IT index fell by 0.39% to 29,154.05. The Nifty PSU Bank index also saw a decrease, down 0.27% to 8,655.35.
Market breadth
The broader market indices reflected a positive trend, with the Nifty 100 and Nifty 500 indices both showing gains. The Nifty 100 rose by 0.12% to 25,341.75, while the Nifty 500 increased by 0.40% to 23,226.15. The Nifty Midcap 50 and Nifty Midcap 100 indices continued to perform well, indicating robust activity in the midcap segment.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 24,398.50 | 24,482.10 | 24,284.00 | 24,347.50 | +0.07% |
| Sensex | 78,339.24 | 78,384.70 | 77,713.21 | 77,954.57 | -0.01% |
| Nifty Auto | 26,983.15 | 27,533.20 | 26,878.15 | 27,402.55 | +2.16% |
| Nifty Midcap 50 | 17,470.75 | 17,605.65 | 17,420.55 | 17,589.15 | +1.24% |
| Nifty Midcap 100 | 61,658.90 | 61,996.90 | 61,441.15 | 61,951.90 | +1.02% |
| India VIX | 16.68 | 17.20 | 15.17 | 16.85 | +1.02% |
| Nifty Energy | 40,952.35 | 41,241.10 | 40,840.75 | 41,059.65 | +0.62% |
| Nifty FMCG | 51,485.45 | 51,504.95 | 51,051.75 | 51,238.30 | -0.43% |
| Nifty Metal | 13,182.65 | 13,256.20 | 13,129.80 | 13,184.70 | +0.42% |
| Nifty Media | 1,474.80 | 1,483.80 | 1,464.70 | 1,475.10 | +0.41% |
| Nifty 500 | 23,219.35 | 23,304.50 | 23,142.45 | 23,226.15 | +0.40% |
| Nifty IT | 29,377.80 | 29,418.00 | 29,021.10 | 29,154.05 | -0.39% |
| Nifty PSU Bank | 8,741.55 | 8,745.15 | 8,597.40 | 8,655.35 | -0.27% |
| Nifty 100 | 25,388.85 | 25,460.90 | 25,267.90 | 25,341.75 | +0.12% |
| Nifty Realty | 824.60 | 828.85 | 813.80 | 823.00 | +0.09% |
| Bank Nifty | 56,114.00 | 56,334.15 | 55,783.20 | 56,024.15 | +0.08% |
| Nifty Pharma | 24,153.15 | 24,268.10 | 24,095.30 | 24,126.95 | +0.07% |
Market outlook
As the market progresses into the latter part of the trading day, investors are closely monitoring the performance of key indices and sectors. The positive momentum in the Nifty Auto and Midcap indices suggests a favourable outlook for these segments. However, the declines in the FMCG and IT sectors may warrant cautious observation. Overall, the market’s mixed performance reflects a balance of bullish and bearish sentiments, with sector-specific trends likely to influence the closing outcomes.
Data as on May 7, 2026, 02:00 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.