Indian equity markets ended on a strong note on May 5, with the Sensex rising 295 points to close higher and the Nifty settling at 24,461, buoyed by broad-based buying across sectors — except banking.
The BSE MidCap and SmallCap indices gained 1% each, reflecting strong participation from retail and domestic investors.
Sectoral performance
All major sectoral indices ended in the green, except the banking index, which saw marginal losses. The following sectors saw notable gains:
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Auto
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Power
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Energy
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Consumer durables
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Metals
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FMCG
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Oil & gas
Each of these sectors posted around 1% gains, contributing to the overall strength in the market.
Top Nifty gainers
Leading the pack on the Nifty were:
These stocks recorded robust buying interest, supported by strong fundamentals and positive sentiment in their respective sectors.
Top Nifty losers
On the downside, notable laggards included:
Banking stocks faced mild profit booking, pulling down the overall performance of the sector.
(More to come…)
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.