The Sensex gained 33.20 points, or 0.06 % to 55,702.23, while the Nifty gained 5.05 points, or 0.03%, to 16,682.65 in the previous session. 

Also Read| Trade Setup: Top 15 things to know before market opens on May 6, 2022

The Sensex reached highs of 56,566.80 and lows of 55,613.82, respectively. On the index, there were 14 stocks that advanced and 16 stocks that declined. 

Also Read| LIC IPO live updates: Largest public issue opens for subscription

The Nifty traded between 16,651.85 and 16,945.70. On the index, there were 21 stocks that advanced and 29 stocks that declined.

Also Read| Explained: Changes in repo rates and their impact on stock market

The top gainers on the Sensex were Tech Mahindra up by 4.07%, Infosys up by 3.21%, HCL Tech up by 2.76%, Wipro up by 1.87% and Tata Steel up by 1.83%. 

Also Read| Explained: Difference between RBI’s accommodative, neutral & hawkish stance

On the flip side, Indusind Bank was down by 4.32%, Nestle down by 2.76%, Ultratech Cement down by 2.58%, Sun Pharma down by 2.54% and Reliance Industries down by 1.95% were the top losers.

Also Read| Why interest rates are being hiked globally?

The top gainers on Nifty were Tech Mahindra up by 4.17%, Hero MotoCorp up by 3.82%, Infosys up by 3.23%, HCL Tech up by 2.59% and Wipro up by 1.91%. 

Also Read| Adani Power Q4 Results: Profit jumps to Rs 4,645 crore, EBIDTA rises 271%

On the flip side, Indusind Bank was down by 4.24%, Tata Consumer Product down by 3.35%, Britannia Industries down by 3.20%, Nestle down by 2.68% and Ultratech Cement down by 2.55% were the top losers.

Also Read| How inflation affects RBI’s interest rate policy

Agro Phos India Limited, BLS International Services Limited, Choice International Limited, Cupid Limited and De Nora India Limited have made fresh 52 week high on Thursday.

Also Read| Soon withdraw cash from ATMs via UPI, here’s how

3M India Limited, Asian Energy Services Limited, Bhansali Engineering Polymers Limited, CARE Ratings Limited and Dhani Services Limited have hit a 52-week low on Thursday.

Also Read| SpaceX, Tesla and now Twitter: The many businesses of Elon Musk


Also Read| Why crypto donations are skyrocketing worldwide: Explained

63 moons technologies limited, Zenith Steel Pipes & Industries Limited, ICICI Prudential Bank ETF Nifty Bank Index, ABB India Limited and Worth Peripherals Limited were the top volume gainers.

Also Read| Explained: How the crypto landscape has changed in India

21STCENMGM, ADL, AGROPHOS, AJRINFRA and ARENTERP hit the upper price band while 3PLAND, 63MOONS, ANDHRACEMT, ANSAL API and ASIAN-RE1 hit the lower price band. There were 87 securities that hit the upper band while 90 hit the lower band on May 5, 2022.