Stock market midday update: Nifty 50 at 24,367.80 up 0.15%, Sensex at 77,961.62 flat, Nifty auto leads at 27,277.25 up 1.69%

As of midday, the Indian stock market exhibited a mixed performance with the Nifty 50 rising to 24,367.80, marking a 0.15% increase from its opening level of 24,398.50. The Sensex, however, remained flat at 77,961.62, unchanged from its opening. The Nifty Auto index emerged as the standout performer, advancing by 1.69% to reach 27,277.25.

The Nifty 50 opened at 24,398.50 and experienced fluctuations throughout the session, reaching a high of 24,423.35 and a low of 24,284.00. The Sensex, opening at 78,339.24, mirrored a similar pattern with a high of 78,339.24 and a low of 77,713.21. Meanwhile, the Bank Nifty saw a minor decline, trading at 55,997.40, slightly down from its opening of 56,114.00.

Sectoral indices displayed varied performances. The Nifty Auto index led the gains with a significant rise to 27,277.25 from its opening of 26,983.15. The Nifty Energy and Nifty Metal indices also posted gains, climbing by 0.87% and 0.85% respectively. In contrast, the Nifty IT index declined by 0.60%, settling at 29,093.35, while the Nifty PSU Bank index fell by 0.49% to 8,636.35.

Broader market indices reflected positive sentiment. The Nifty Midcap 50 rose by 0.98% to 17,543.85, and the Nifty Midcap 100 increased by 0.80% to 61,819.05. The Nifty 500 index saw a modest gain of 0.38%, reaching 23,220.20. However, the Nifty FMCG index declined by 0.37% to 51,267.90, and the Nifty Realty index slipped by 0.13% to 821.20.

As the session progresses, investors will be closely monitoring the movements in the Nifty Auto and IT sectors, which have shown significant activity. The overall market sentiment remains cautiously optimistic, with sectoral performances indicating varied investor interests. Traders will be eyeing any developments that could influence the indices further as the day unfolds.

Data as on May 7, 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.…Read more by Arunika Jain