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Stock Market Live Highlights: Sensex Slips 120 Points While Nifty Holds 24,300 Mark; Defence Stocks Charge Ahead Amid Volatility

🕒 Updated: May 7, 2026 16:18:52 IST
✍️ Written by: Priyanka Roshan

Stock Market Live Updates: Sensex traded above 78,000 while Nifty remained flat amid volatility, as investors closely tracked market momentum and closing trends.

Sensex Today | Nifty 50 Live Updates: Markets Eye 24,500 Amid Easing West Asia tensions and Strong Global Cues
Sensex Today | Nifty 50 Live Updates: Markets Eye 24,500 Amid Easing West Asia tensions and Strong Global Cues

Stock Market Live Updates: It’s 2 PM on Dalal Street, and both the Sensex and Nifty are moving almost nowhere – flat, cautious and strangely calm. But seasoned investors know one thing well: markets often become the quietest right before they make their next big move.

As traders stare at screens waiting for momentum, curiosity is quietly building across the Street. With Friday being the last trading session of the week before markets head into the weekend, all eyes are now shifting toward tomorrow’s opening bell.

Flat markets may look boring on the surface, but they often hide nervous energy underneath. That’s exactly where many retail investors get confused – should they buy, sell or simply wait?

Here’s the classic market lesson: never underestimate a flat market. Overnight global developments, policy cues or geopolitical headlines can completely change sentiment by morning.

And while global markets remain interconnected, Indian equities often add their own flavour of volatility, reacting sharply to both domestic and international triggers.

Today, we have a weekly expiry for Sensex derivatives; therefore, expect to see the volatility to remain elevated all day long.

The general trend has also improved since Nifty Bank is trading above its 20-DMA and is expected to see the barrier at the 55000 level, which is likely to provide support to it in the coming time since the breakout above it occurred on Wednesday. Cooling of the crude oil prices and strengthening of the rupee and bond markets may support the equity markets in the days to come.

Markets@2: Sensex, Nifty Trade Flat Amid Volatility

  • The benchmark indices traded largely flat amid volatile market conditions on Thursday afternoon.
  • The Sensex was up 76.59 points or 0.10% at 78,035.11.
  • The Nifty gained 35.05 points or 0.14% to trade at 24,365.
  • Investors remained cautious amid mixed global cues and stock-specific movements.

Live Updates

  • 15:59 (IST) 07 May 2026

    Stock Market Live Updates– Closing Bell | Key Highlights

    Benchmark Indices: Sensex fell 114 points (0.15%) to 77,844.52, while Nifty slipped 4.30 points (0.02%) to 24,326.65. Market Tone: Indian equities ended on a subdued note amid volatility, with Nifty hovering around the 24,330 mark. Top Gainers (Nifty): HDFC Life Insurance, Bajaj Auto, Mahindra & Mahindra, Grasim Industries, NTPC. Top Laggards (Nifty): Tech Mahindra, Hindustan Unilever, Titan Company, TCS, ITC. Broader Markets: Nifty Midcap rose 1.1%, while Smallcap gained 0.9%, outperforming benchmarks. Sectoral Trends – Buying: Auto, Defence, Media, Metal stocks saw strong buying interest. Sectoral Trends – Selling: FMCG, IT, PSU Bank, Consumer Durables faced selling pressure. (This Live Blog is closed now, see you guys...

  • 15:22 (IST) 07 May 2026

    Stock Market Live Updates: Rupee Strengthens Against US Dollar

    The Indian rupee extended its winning streak on Thursday, gaining 39 paise to trade at 94.22 against the US dollar. The domestic currency had settled at 94.61 in the previous session, with improved market sentiment and softer dollar movement supporting the recovery in the rupee.

  • 14:16 (IST) 07 May 2026

    Stock Market Live Updates: Bagmane IPO GMP In Focus

    Despite an unsteady stock market, the Bagmane REIT IPO stood apart from the crowd on Monday like a square foot of prime Bengaluru office space does for a tech major. The issue was subscribed 2.23 times overall by the close of May 6 evening, with non-institutional investors leading the way at 3.83 times.

    Read More: Bagmane IPO GMP In Focus at Rs 4.5; Check Latest Subscription, Listing Price and Allotment Details…

  • 14:12 (IST) 07 May 2026

    Stock Market Live Updates: Most Active Stocks Of The Day

    Stock Price (₹) Change (%) Volume Market Cap / Value
    HDFC Bank 797.10 0.07 25.68m 2,039.48
    ICICI Bank 1,282.70 0.25 12.08m 1,553.42
    Bajaj Auto 10,613.00 2.85 1.35m 1,429.80
    Reliance 1,440.00 0.15 8.78m 1,264.64
    HDFC Life 626.40 3.31 20.12m 1,240.93
    SBI 1,098.70 0.25 11.10m 1,215.15
  • 14:10 (IST) 07 May 2026

    Stock Market Live Updates: Sensex, Nifty Trade Flat Amid Volatility, @2 PM

    • The benchmark indices traded largely flat amid volatile market conditions on Thursday afternoon.
    • The Sensex was up 76.59 points or 0.10% at 78,035.11.
    • The Nifty gained 35.05 points or 0.14% to trade at 24,365.
    • Investors remained cautious amid mixed global cues and stock-specific movements.