Sensex Closes Slightly Down
2026-05-07 10:52
By
Luisa Carvalho
1 min. read
India’s BSE Sensex oscillated between gains and losses before settling down around 0.2% at 77,844.5 on Thursday, as profit-taking emerged after the previous session’s rally driven by optimism over a potential US–Iran peace deal and the gradual reopening of the Strait of Hormuz.
Investors held a cautious stance as Washington awaited Tehran’s response to the latest peace framework, with Trump calling it too early for direct talks, while an Iranian lawmaker said the US proposal was more idealistic than workable.
FMGC stocks, IT and financials were the most pressured.
Among key movers, Hindustan Unilever was the top loser, falling 1.95%, followed by Tata Consultancy Services (-1.4%), Tech Mahindra (-1.3%), Titan Company (-1.1%), Sun Pharmaceutical Industries (-1%) and ITC Limited (-0.95%).
On the upside, Mahindra & Mahindra (+2%) outperformed, extending post-results momentum.
NTPC (1.5%) and Kotak Mahindra Bank (1.2%) were also among the top gainers.