The Indian stock market opened on a subdued note today, with both the Nifty 50 and Sensex experiencing declines in early trading. The Nifty 50 is currently at 24,216.40, reflecting a 0.45% drop from its opening level of 24,233.65. Similarly, the Sensex has decreased by 0.50% to 77,452.72 from its opening of 77,631.94, indicating a cautious market sentiment.
Index movements
The Nifty 50 began the session at 24,233.65, reaching a high of 24,246.05 and a low of 24,164.45. The Sensex opened at 77,631.94, with a high of 77,647.44 and a low of 77,320.67. The Bank Nifty, a key sectoral index, opened at 55,783.95 and is currently at 55,675.00, marking a 0.66% decline from its opening level. It recorded a high of 55,797.70 and a low of 55,540.20.
Sectoral performance
Among the sectoral indices, the Nifty FMCG is one of the few gainers, up by 0.10% to 51,120.90 from its opening of 51,107.55. On the other hand, the Nifty Auto and Nifty PSU Bank indices have both declined by 0.56%, with the Nifty Auto at 27,185.95 and the Nifty PSU Bank at 8,588.05. The Nifty Pharma index has shown resilience, slightly increasing to 24,083.50, a 0.22% rise from its opening.
Market breadth
The broader market indices have also shown a downward trend. The Nifty 100 is at 25,216.95, down 0.41% from its opening of 25,235.70. The Nifty 500 has decreased by 0.27% to 23,150.35. Midcap indices such as the Nifty Midcap 50 and Nifty Midcap 100 have also experienced slight declines, with the Nifty Midcap 50 at 17,601.40 and the Nifty Midcap 100 at 61,978.85.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| NIFTY 50 | 24,233.65 | 24,246.05 | 24,164.45 | 24,216.40 | -0.45% |
| SENSEX | 77,631.94 | 77,647.44 | 77,320.67 | 77,452.72 | -0.50% |
| INDIA VIX | 16.62 | 16.62 | 16.16 | 16.47 | -0.90% |
| BANK NIFTY | 55,783.95 | 55,797.70 | 55,540.20 | 55,675.00 | -0.66% |
| NIFTY PSU BANK | 8,612.05 | 8,613.55 | 8,567.60 | 8,588.05 | -0.56% |
| NIFTY AUTO | 27,244.80 | 27,247.00 | 27,099.65 | 27,185.95 | -0.56% |
| NIFTY 100 | 25,235.70 | 25,239.15 | 25,169.45 | 25,216.95 | -0.41% |
| NIFTY 500 | 23,166.05 | 23,168.10 | 23,108.95 | 23,150.35 | -0.27% |
| NIFTY PHARMA | 24,043.45 | 24,086.00 | 24,030.65 | 24,083.50 | -0.22% |
| NIFTY REALTY | 827.35 | 827.70 | 822.50 | 826.35 | -0.14% |
| NIFTY METAL | 13,156.00 | 13,160.25 | 13,101.05 | 13,146.55 | -0.14% |
| NIFTY MEDIA | 1,467.90 | 1,470.55 | 1,466.60 | 1,470.10 | -0.14% |
| NIFTY FMCG | 51,107.55 | 51,152.65 | 50,967.75 | 51,120.90 | +0.10% |
| NIFTY IT | 29,031.55 | 29,037.35 | 28,961.80 | 29,018.05 | -0.09% |
| NIFTY MIDCAP 50 | 17,636.55 | 17,638.65 | 17,555.45 | 17,601.40 | -0.09% |
| NIFTY ENERGY | 41,091.50 | 41,111.45 | 40,996.20 | 41,106.90 | -0.09% |
| NIFTY MIDCAP 100 | 62,039.15 | 62,045.45 | 61,838.30 | 61,978.85 | -0.04% |
Market outlook
As the market progresses, investors will be keenly watching for any developments that could influence the current trend. The focus remains on sectoral performance, especially in banking and auto, which have shown significant movements. The overall sentiment appears cautious, and market participants will be looking for cues that could provide direction in the coming sessions.
Data as on May 8, 2026, 09:30 AM 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.