Stock Market Live Updates: Nifty50 opens in red, stays above 24,000; BSE Sensex down over 250 points as oil prices rise
Indian equities opened in red on May 5, 2026, with Nifty50 down 0.74% to 23,940.70 and BSE Sensex falling 0.71% to 76,720.33. The market's technical setup indicates a flat opening followed by range-bound and volatile trade.
Indian equities opened lower on May 5, 2026. Nifty50 was down 178.60 points or 0.74% to 23,940.70, while BSE Sensex fell 549.07 points or 0.71% to 76,720.33. The market's technical setup indicates a flat opening followed by range-bound and volatile trade, with immediate support at 23,800-23,900 and resistance at 24,200-24,300. FIIs were net buyers of ₹2,835 crore, while DIIs invested ₹4,764 crore on May 4, 2026. Auto, Healthcare, and Capital Goods stocks outperformed, while the IT sector underperformed. Bank Nifty showed relative strength but is entering a consolidation phase near higher levels.
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