Stock market midday update: Nifty 50 at 24,077.95 up 0.19%, Sensex at 77,075.88 up 0.08%, Nifty pharma at 24,056.40 up 2.07%

Kinjal — Wed, 06 May 2026 07:00:35 +0000

The Indian stock market showed positive momentum by midday, with the Nifty 50 trading at 24,077.95, marking a 0.19% increase from its opening level. The Sensex also experienced a modest rise, registering a 0.08% gain to reach 77,075.88. The upbeat sentiment was largely driven by positive global cues and a decline in global crude prices.

Index movements

The Nifty 50 opened at 24,171.00 and reached a high of 24,250.85, with a low of 24,069.45 during the session. The index’s trajectory showed fluctuations, with a peak at 09:15 of 24,232.30 before stabilising around the current level. Meanwhile, the Sensex opened at 77,424.36, hit a high of 77,675.01, and a low of 77,055.35. The Bank Nifty also saw movement, opening at 55,113.40 and currently trading at 54,850.05, reflecting a 0.56% increase from its opening.

Sectoral performance

Nifty Pharma emerged as the top gainer among sectoral indices, rising by 2.07% to 24,056.40. The Nifty Midcap 50 and Nifty Midcap 100 also performed well, with gains of 1.40% and 1.19% respectively. On the other hand, the Nifty FMCG and Nifty Energy indices faced declines, with Nifty FMCG down by 0.53% at 51,318.90 and Nifty Energy down by 0.45% at 40,805.35.

Market breadth

The broader market indices reflected a positive trend, with the Nifty 100 and Nifty 500 both showing gains of 0.25% and 0.50% respectively. The Nifty Realty and Nifty PSU Bank indices also contributed to the positive breadth, with increases of 0.96% and 0.92% respectively.

Index	Open	High	Low	Current	Change %
NIFTY 50	24,171.00	24,250.85	24,069.45	24,077.95	+0.19%
SENSEX	77,424.36	77,675.01	77,055.35	77,075.88	+0.08%
INDIA VIX	17.91	17.91	16.77	17.43	-2.68%
NIFTY PHARMA	23,743.20	24,077.60	23,640.75	24,056.40	+2.07%
NIFTY MIDCAP 50	17,201.85	17,247.25	17,168.00	17,235.55	+1.40%
NIFTY MIDCAP 100	60,925.95	61,013.75	60,776.10	60,982.50	+1.19%
NIFTY REALTY	806.15	810.55	802.05	808.95	+0.96%
NIFTY PSU BANK	8,574.00	8,636.45	8,515.80	8,516.90	+0.92%
NIFTY AUTO	26,502.15	26,694.45	26,278.95	26,408.05	+0.82%
NIFTY METAL	13,131.60	13,171.45	13,019.25	13,071.20	+0.63%
BANK NIFTY	55,113.40	55,344.95	54,833.50	54,850.05	+0.56%
NIFTY IT	29,435.50	29,646.05	29,260.90	29,261.25	+0.53%
NIFTY FMCG	51,898.85	51,947.35	51,194.70	51,318.90	-0.53%
NIFTY MEDIA	1,459.15	1,466.65	1,444.50	1,456.90	+0.52%
NIFTY 500	22,978.95	23,030.95	22,897.45	22,921.35	+0.50%
NIFTY ENERGY	41,187.25	41,219.10	40,702.90	40,805.35	-0.45%
NIFTY 100	25,148.80	25,220.40	25,039.35	25,053.10	+0.25%

Market outlook

As the session progresses, investors will be closely watching for further developments in global markets and crude oil prices, which have been key drivers of today’s positive sentiment. The performance of banking, auto, and IT stocks will also be pivotal in determining the market’s direction in the latter half of the trading day.

Data as on May 6, 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.

Nifty Midcap 100 | Business Upturn

Stock market midday update: Nifty 50 at 24,077.95 up 0.19%, Sensex at 77,075.88 up 0.08%, Nifty pharma at 24,056.40 up 2.07%

Index movements

Sectoral performance

Market breadth

Market outlook