Sensex Nifty Updates May 7: Benchmarks Finish Mixed; HDFC Life, Bajaj Auto Gain While TCS Weighs

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Last Updated: 7th May 2026 - 04:08 pm

Indian markets ended largely flat with the Sensex slipping 0.15% and the Nifty closing nearly unchanged, as gains in auto and insurance stocks were offset by weakness in IT and FMCG counters. Global sentiment remained positive, supported by a sharp rally in Asian markets led by Japan’s Nikkei. European markets traded mixed, while U.S. indices surged in the previous session, driven by strong technology stocks and improved investor confidence.

Stock Market Highlights, May 8

  • Domestic Indices Trade Flat: Indian benchmarks ended largely unchanged, with the Sensex slipping 0.15% to 77,844.52 while the Nifty 50 closed nearly flat at 24,326.65. HDFC Life and Bajaj Auto led gains, whereas IT and FMCG stocks like TCS and HUL weighed on sentiment.

    Global Cues Mostly Positive: Asian markets rallied strongly, led by a sharp 5.58% surge in Japan’s Nikkei, while Hang Seng and Shanghai Composite also ended higher. European indices traded mixed at mid-session, with STOXX 50 marginally positive, while FTSE 100 and DAX edged lower.

    Wall Street Recap: In the previous session, U.S. markets closed sharply higher, with the NASDAQ surging 2.02%, the S&P 500 gaining 1.46%, and the Dow Jones advancing 1.24%. Strong technology buying and upbeat investor sentiment supported the rally across major indices.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers

Company Gain
HDFC Life 3.14%
Bajaj Auto 2.77%
M&M 2.12%
Grasim 1.57%
NTPC 1.39%

Top Losers

Company Gain
HUL -1.94%
TCS -1.40%
Tech Mahindra -1.26%
Titan Company -1.20%
ITC -1.06%

Indian Market Cues

Index Value Change (%)
Gift Nifty 24,397.50 -0.65%
Nifty 50 24,326.65 -0.02%
Nifty Bank 56,047.40 0.12%
SENSEX 77,844.52 -0.15%

India VIX

Volatility Index Value Change (%)
India VIX 16.62 -0.36%

Asian Markets 

Index Value Change (%)
Nikkei 62,833 5.58%
Hang Seng 26,626 1.27%
Shanghai Composite 4,924 0.48%

European Market Mid-Session Update

Index Value Change (%)
FTSE 100 10,367 -0.68%
DAX 24,875 -0.19%
CAC 40 8,299 -0.00%
STOXX 50 6,027 0.01%

U.S. Markets Live Today

Index Value Change (%)
Dow Jones 49,910.59 1.24%
NASDAQ 25,838.94 2.02%
S&P 500 7,365.12 1.46%


*As of 15:45 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.

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