As of midday, the Indian stock market exhibited a mixed performance with the Nifty 50 rising to 24,367.80, marking a 0.15% increase from its opening level of 24,398.50. The Sensex, however, remained flat at 77,961.62, unchanged from its opening. The Nifty Auto index emerged as the standout performer, advancing by 1.69% to reach 27,277.25.
Index movements
The Nifty 50 opened at 24,398.50 and experienced fluctuations throughout the session, reaching a high of 24,423.35 and a low of 24,284.00. The Sensex, opening at 78,339.24, mirrored a similar pattern with a high of 78,339.24 and a low of 77,713.21. Meanwhile, the Bank Nifty saw a minor decline, trading at 55,997.40, slightly down from its opening of 56,114.00.
Sectoral performance
Sectoral indices displayed varied performances. The Nifty Auto index led the gains with a significant rise to 27,277.25 from its opening of 26,983.15. The Nifty Energy and Nifty Metal indices also posted gains, climbing by 0.87% and 0.85% respectively. In contrast, the Nifty IT index declined by 0.60%, settling at 29,093.35, while the Nifty PSU Bank index fell by 0.49% to 8,636.35.
Market breadth
Broader market indices reflected positive sentiment. The Nifty Midcap 50 rose by 0.98% to 17,543.85, and the Nifty Midcap 100 increased by 0.80% to 61,819.05. The Nifty 500 index saw a modest gain of 0.38%, reaching 23,220.20. However, the Nifty FMCG index declined by 0.37% to 51,267.90, and the Nifty Realty index slipped by 0.13% to 821.20.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 24,398.50 | 24,423.35 | 24,284.00 | 24,367.80 | +0.15% |
| Sensex | 78,339.24 | 78,339.24 | 77,713.21 | 77,961.62 | +0.00% |
| Nifty Auto | 26,983.15 | 27,344.35 | 26,878.15 | 27,277.25 | +1.69% |
| Nifty Midcap 50 | 17,470.75 | 17,546.60 | 17,420.55 | 17,543.85 | +0.98% |
| Nifty Energy | 40,952.35 | 41,169.40 | 40,840.75 | 41,163.25 | +0.87% |
| Nifty Metal | 13,182.65 | 13,256.20 | 13,129.80 | 13,241.25 | +0.85% |
| Nifty Midcap 100 | 61,658.90 | 61,823.10 | 61,441.15 | 61,819.05 | +0.80% |
| Nifty IT | 29,377.80 | 29,418.00 | 29,021.10 | 29,093.35 | -0.60% |
| Nifty Pharma | 24,153.15 | 24,244.50 | 24,095.30 | 24,241.35 | +0.54% |
| Nifty PSU Bank | 8,741.55 | 8,745.15 | 8,597.40 | 8,636.35 | -0.49% |
| Nifty 500 | 23,219.35 | 23,237.85 | 23,142.45 | 23,220.20 | +0.38% |
| Nifty FMCG | 51,485.45 | 51,504.95 | 51,051.75 | 51,267.90 | -0.37% |
| Nifty 100 | 25,388.85 | 25,413.20 | 25,267.90 | 25,352.15 | +0.16% |
| Nifty Realty | 824.60 | 828.85 | 813.80 | 821.20 | -0.13% |
| India VIX | 16.68 | 17.20 | 15.17 | 16.69 | +0.06% |
| Nifty Media | 1,474.80 | 1,483.80 | 1,464.70 | 1,469.95 | +0.06% |
| Bank Nifty | 56,114.00 | 56,148.45 | 55,783.20 | 55,997.40 | +0.03% |
Market outlook
As the session progresses, investors will be closely monitoring the movements in the Nifty Auto and IT sectors, which have shown significant activity. The overall market sentiment remains cautiously optimistic, with sectoral performances indicating varied investor interests. Traders will be eyeing any developments that could influence the indices further as the day unfolds.
Data as on May 7, 2026, 12:30 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.