Stock market closing: Nifty 50 at 24,330.95 up 1.24%, Sensex at 77,958.52 up 1.22%, PSU bank index gains 2.84%
The Indian stock market closed on a positive note today, with the Nifty 50 climbing to 24,330.95, marking a 1.24% increase from its opening level. The Sensex also saw a significant rise, closing at 77,958.52, up 1.22% from the open. Positive global cues and a decline in global crude prices contributed to the upbeat sentiment, with banks, auto, and IT stocks leading the gains.
Index movements
The Nifty 50 opened at 24,171.00 and experienced a session low of 23,997.90 before reaching a high of 24,356.50. The index showed resilience throughout the day, ultimately closing at 24,330.95. The Sensex followed a similar trajectory, opening at 77,424.36, hitting a low of 76,773.25, and peaking at 78,022.78 before settling at 77,958.52. The Bank Nifty was another standout performer, opening at 55,113.40 and closing at 55,981.05, up 2.63% from its opening level.
Sectoral performance
The Nifty PSU Bank index emerged as the top gainer, closing at 8,679.15, up 2.84% from its opening. The Nifty Auto index also performed well, rising 2.41% to close at 26,823.00. The Nifty Realty and Nifty Pharma indices saw gains of 2.63% and 2.30%, respectively. However, not all sectors shared in the gains; the Nifty Energy index fell by 0.45% to close at 40,806.65, while the Nifty FMCG index declined by 0.26% to 51,460.55.
Market breadth
Broader market indices also reflected the positive sentiment. The Nifty 100 and Nifty 500 indices rose by 1.29% and 1.43%, closing at 25,312.60 and 23,133.40, respectively. The Nifty Midcap 50 and Midcap 100 indices gained 2.21% and 1.76%, ending at 17,372.95 and 61,326.70. The Nifty Media index saw a modest increase of 1.36%, closing at 1,469.05.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 24,171.00 | 24,356.50 | 23,997.90 | 24,330.95 | +1.24% |
| Sensex | 77,424.36 | 78,022.78 | 76,773.25 | 77,958.52 | +1.22% |
| India VIX | 17.91 | 18.08 | 16.58 | 16.68 | -6.87% |
| Nifty PSU Bank | 8,574.00 | 8,700.55 | 8,461.90 | 8,679.15 | +2.84% |
| Bank Nifty | 55,113.40 | 56,078.80 | 54,587.20 | 55,981.05 | +2.63% |
| Nifty Realty | 806.15 | 823.40 | 802.05 | 822.30 | +2.63% |
| Nifty Auto | 26,502.15 | 26,871.90 | 26,278.95 | 26,823.00 | +2.41% |
| Nifty Pharma | 23,743.20 | 24,264.85 | 23,640.75 | 24,110.30 | +2.30% |
| Nifty Midcap 50 | 17,201.85 | 17,395.15 | 17,168.00 | 17,372.95 | +2.21% |
| Nifty Midcap 100 | 60,925.95 | 61,389.15 | 60,759.70 | 61,326.70 | +1.76% |
| Nifty 500 | 22,978.95 | 23,150.90 | 22,849.95 | 23,133.40 | +1.43% |
| Nifty Media | 1,459.15 | 1,473.55 | 1,444.50 | 1,469.05 | +1.36% |
| Nifty 100 | 25,148.80 | 25,332.25 | 24,973.20 | 25,312.60 | +1.29% |
| Nifty Metal | 13,131.60 | 13,195.95 | 13,019.25 | 13,129.55 | +1.08% |
| Nifty IT | 29,435.50 | 29,646.05 | 29,123.80 | 29,267.95 | +0.55% |
| Nifty Energy | 41,187.25 | 41,219.10 | 40,652.85 | 40,806.65 | -0.45% |
| Nifty FMCG | 51,898.85 | 51,947.35 | 51,194.70 | 51,460.55 | -0.26% |
Market outlook
As the market closes on a high note, investors will be keenly watching for further developments in global markets and commodity prices, which have been influential in today’s trading. The performance of banking and auto sectors will remain in focus, given their significant contributions to today’s gains. With positive momentum carrying through the session, the outlook remains cautiously optimistic, pending further global economic cues.
Data as on May 6, 2026, 03:35 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.
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