Stock Market Update 5 May 2026: Sensex, Nifty 50 Open Lower

Most Indian stock market indices started on a muted note after market opening on Tuesday, 5 May 2026.

At around 9:18 AM, the Sensex was trading slightly down by around 237 points (0.3%) at 77,028.54. The Nifty 50 also traded a bit lower by 0.31% to hover around the 24,000 mark.

Notably, both indices closed on a positive note on Monday after gaining over 0.4% each. At market close, the Sensex was up by 355.90 points (0.46%) at 77,269.40, while the Nifty 50 was up 121.75 points (0.51%) at 24,119.30.

How Other Indices Are Performing?

Not just the Sensex and Nifty, but most other indices were trading lower during early trade on Tuesday.

At around 9:20 AM, Bank Nifty was down by around 0.51% to trade at 54,586.65. The Fin Nifty was also down by around 0.55% to trade at 25,672.70.

Most sectoral indices were also trading in the red, with only Nifty IT in the green (up by 1.07%).

Top Gainers And Losers

Approximately 1,153 shares opened in the green on Tuesday, whereas 1,103 shares opened in the red. Around 159 shares were unchanged.

The top gainers on Nifty were Shriram Finance, Bajaj Finance, HDFC Bank, Maruti Suzuki, and Asian Paints. The top losers were ONGC, Adani Ports, Max Healthcare, ITC, and Hindalco.

What About The Global Markets?

Global markets were mostly bearish after the US-Iran tensions flared again.

• S&P 500 futures were little changed as of 10:45 AM Tokyo time.

• Australia’s S&P/ASX 200 was down 0.8%.

• Hong Kong’s Hang Seng was down 1.4%.

• Euro Stoxx 50 futures were down 0.4%.

Developments Shaping The Market

• State Election Outcomes: The results for the 2026 state elections were out on Monday. The ruling party did well to win majority seats in the Bengal and Assam assemblies, leading to an overall positive sentiment in the market.

• FIIs Turned Net Buyers: After heavy selling for the past nine sessions, foreign institutional investors (FIIs) turned net buyers on Monday. They purchased equities worth ₹2,835 crore. Domestic institutional investors also extended their buying streak for the seventh consecutive session.

• Middle East Tension: The Middle East tension between the US and Iran flared up again as the two sides exchanged fire.

• Rupee At A Record Low: The Indian National Rupee (INR) hit a record low to open at 95.33 per US dollar on Tuesday, as against the previous close of 95.08.

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Investor Takeaway

The markets have somewhat bounced from the recent slump due to the ongoing Middle East conflict. Analysts believe they could continue their upward trajectory in the upcoming days. However, a lot depends on potential resolution between the US and Iran and other geopolitical developments.

Sources:

The Economic Times

Moneycontrol