Stock Market Opening Bell: Sensex Rose 0.49%, Nifty 50 Rallied 0.28% - Here's Why
While Nifty 50 rallied 0.28% to 24,398.50 level, Sensex surged 0.49% to 78339.24 level on Thursday, May 7.
- Republic Business
- 2 min read
Stock Market Opening Bell: The benchmark stock market bourses Sensex, and Nifty 50 opened in green on Thursday, May 7, extending the gaining momentum witnessed in Wednesday's trading session.
While Nifty 50 rallied 0.28% to 24,398.50 level, Sensex surged 0.49% to 78339.24 level today.
However, the trends on Gift Nifty were indicative of a flat opening for the Indian benchmark indices. The Gift Nifty was trading close to 24,460 level, a premium of nearly 13 points from the Nifty futures’ previous close.
The Indian stock market ended sharply higher, with the Nifty 50 closing above 24,300 level. Gains noted in yesterday's trading session were mainly due to late-session buying after reports claimed that both the US and Iran were nearing the finalisation of a deal to end their conflict.
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Stocks In Focus Today
The shares of Britannia Industries, BSE, Bharat Forge, MRF, Lupin will remain in focus today as companies will declare their Q4 results 2026 today.
Paytm
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Oracle Financial Services Software
The shares of Oracle Financial Services Software will ex-dividend on Thursday, May 7.