Stock market opens: Nifty 50 at 23,985.00 down 0.56%, Sensex at 76,832.63 down 0.57%, PSU bank index declines 0.69%

Kinjal — Tue, 05 May 2026 04:00:28 +0000

The Indian stock market opened on a subdued note today, with both the Nifty 50 and Sensex registering declines in early trading. The Nifty 50 slipped to 23,985.00, marking a decrease of 0.56% from its opening level of 24,052.60. Similarly, the Sensex fell by 0.57%, currently standing at 76,832.63 after opening at 77,103.72. The market sentiment appears cautious, with key indices showing negative trends.

Index movements

The Nifty 50 opened at 24,052.60 and quickly descended to its current level of 23,985.00. The index reached a high of 24,061.90 and a low of 23,979.20 during the session. Meanwhile, the Sensex mirrored this downward trajectory, opening at 77,103.72 and currently trading at 76,832.63, having touched a high of 77,110.67 and a low of 76,827.01. The Bank Nifty also faced pressure, opening at 54,691.30 and dropping to 54,530.25, with a high of 54,718.55 and a low of 54,471.00.

Sectoral performance

Among the sectoral indices, the Nifty PSU Bank index experienced the most significant decline, falling by 0.69% to 8,397.80 from its opening of 8,430.85. Other sectors also showed negative trends, with the Nifty Realty index down by 0.61% at 807.75 and the Nifty Auto index decreasing by 0.58% to 25,877.60. The Nifty IT index saw a smaller decline of 0.44%, currently at 28,949.20.

Market breadth

The broader market indices also reflected the bearish sentiment. The Nifty 100 dropped by 0.52% to 24,909.90, while the Nifty 500 decreased by 0.42% to 22,734.25. Midcap indices showed relatively lesser declines, with the Nifty Midcap 50 down by 0.31% at 16,932.05 and the Nifty Midcap 100 down by 0.26% at 60,002.35.

Index	Open	High	Low	Current	Change %
Nifty 50	24,052.60	24,061.90	23,979.20	23,985.00	-0.56%
Sensex	77,103.72	77,110.67	76,827.01	76,832.63	-0.57%
India VIX	18.30	18.30	17.71	18.01	-1.58%
Nifty PSU Bank	8,430.85	8,440.75	8,391.95	8,397.80	-0.69%
Bank Nifty	54,691.30	54,718.55	54,471.00	54,530.25	-0.63%
Nifty Realty	813.05	813.60	807.55	807.75	-0.61%
Nifty Auto	26,033.15	26,033.15	25,870.85	25,877.60	-0.58%
Nifty 100	24,982.80	24,985.25	24,906.15	24,909.90	-0.52%
Nifty IT	29,069.85	29,075.65	28,926.50	28,949.20	-0.44%
Nifty 500	22,796.65	22,797.95	22,731.70	22,734.25	-0.42%
Nifty Media	1,445.65	1,445.85	1,440.90	1,442.60	-0.38%
Nifty Metal	12,955.20	12,966.25	12,917.85	12,926.75	-0.35%
Nifty Midcap 50	16,984.40	16,986.00	16,928.35	16,932.05	-0.31%
Nifty Midcap 100	60,165.75	60,173.05	59,990.25	60,002.35	-0.26%
Nifty FMCG	51,249.85	51,256.40	51,102.50	51,134.65	-0.26%
Nifty Pharma	23,525.90	23,543.15	23,497.90	23,524.75	+0.21%
Nifty Energy	41,014.00	41,038.05	40,943.95	40,955.65	-0.04%

Market outlook

As the trading session progresses, investors will be keenly observing any developments that could influence market direction. The current trend suggests a cautious approach, with most indices in the red. Market participants will be watching for any signs of recovery or further declines as the day unfolds.

Data as on May 5, 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.

Bank Nifty | Business Upturn

Stock market opens: Nifty 50 at 23,985.00 down 0.56%, Sensex at 76,832.63 down 0.57%, PSU bank index declines 0.69%

Index movements

Sectoral performance

Market breadth

Market outlook