The Indian stock market ended Thursday’s session on May 7, 2026, almost unchanged after failing to sustain gains made during the first half of trade. The NIFTY 50 closed at 24,326.65, down a marginal 4.30 points or 0.02%.
Markets were initially buoyed by expectations of reduced geopolitical tensions between the United States and Iran, which supported risk sentiment. However, profit booking at higher levels weighed on investor confidence, dragging the headline index back toward the flatline by the close.
The benchmark index opened higher and maintained its upward momentum during early trade, tracking positive global cues. Buying was concentrated in insurance, automobile and select infrastructure stocks during the morning session.
As the day progressed, selling pressure emerged in FMCG and IT heavyweights, capping further upside. The overall market tone remained cautious, reflecting indecision among investors after recent gains.
| Company Name | LTP | Change (₹) | % Change | Volume (Lakhs) | Value (₹ Crores) |
| HDFC Life | 628.00 | 21.65 | 3.57 | 224.16 | 1,384.70 |
| Bajaj Auto | 10,590.00 | 271.00 | 2.63 | 14.98 | 1,585.72 |
| Mahindra & Mahindra | 3,366.00 | 65.20 | 1.98 | 49.16 | 1,656.66 |
| Grasim Industries | 2,955.20 | 40.40 | 1.39 | 6.03 | 178.26 |
| NTPC | 399.90 | 5.05 | 1.28 | 97.00 | 387.38 |
| Company Name | LTP | Change (₹) | % Change | Volume (Lakhs) | Value (₹ Crores) |
| Hindustan Unilever | 2,273.00 | -44.10 | -1.90 | 18.59 | 424.13 |
| Tata Consultancy Services | 2,403.00 | -32.40 | -1.33 | 58.30 | 1,404.02 |
| Titan | 4,309.00 | -50.60 | -1.16 | 13.78 | 592.24 |
| Tech Mahindra | 1,450.00 | -16.70 | -1.14 | 11.47 | 166.71 |
| ITC | 307.55 | -3.15 | -1.01 | 257.19 | 793.47 |
Insurance and auto stocks were the strongest performers, led by gains in HDFC Life and Bajaj Auto. Infrastructure and power stocks such as Grasim Industries and NTPC also contributed to the market’s early strength.
In contrast, FMCG and IT stocks witnessed selling pressure, dragging down Hindustan Unilever, ITC and Tata Consultancy Services. The mixed sectoral movement resulted in a near‑flat close for the benchmark index.
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The NIFTY 50 ended nearly unchanged on May 7, 2026, as early optimism linked to easing geopolitical tensions gave way to profit booking. HDFC Life and Bajaj Auto led the gains, offering support during the session.
However, losses in Hindustan Unilever and IT majors curtailed the index’s upside. Overall, the session reflected a cautious market outlook, with investors awaiting clearer global cues before taking directional bets.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks; read all the related documents carefully before investing.
Published on: May 7, 2026, 4:01 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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