In today’s stock market, Nifty climbed above 24,300 while Sensex rallied 941 points as easing US-Iran tensions boosted market sentiment.
Stock Marspin maya casinoket Nifty Chart Prediction
On May 6, the Sensex was up 940.73 points at 77,958.52, and the Nifty was up 298.15 points at 24,330.95. About 2755 shares advanced, 1287 shares declined, and 161 shares unchanged.
Top Nifty gainers: Interglobe Aviation, Trent, Tata Motors Passenger Vehicles, Shriram Finance
Top Nifty Losers : ONGC, L&T, Reliance Industries, Power Grid Corp and NTPC.
Except power, FMCG, energy, all other sectoral indices ended in the green with auto, media, private bank, PSU Bank, realty, metal, pharma up 1-2%.
Nifty Midcap and Smallcap indices rose nearly 2% each.
Best Stocks aviatorof the day according to AI (Delta Dash)
Worst Stocks of thteen pattie day according to AI (Delta Dash)
Stock Prediction for 7th May 2026
| STOCK | Good Above | Weak Below |
| CIPLA | 1370 | 1354 |
| COFORGE | 1286 | 1274 |
| HDFCBANK | 800 | 792 |
| HINDPETRO | 402 | 397 |
Prediction for Thursday NIFTY can go up if it goes above 24,500 or down after the level of 24,000, but it also depends upon the Global cues.
Nifty witnessed strong buying momentum and, moreover, managed to close firmly above the 24,300 mark. Additionally, bullish sentiment improved after the index held key support levels during intraday volatility. However, the 24,500–25,000 zone may act as a crucial resistance area in the near term. If Nifty sustains above 24,500, then further upside momentum could emerge gradually. On the downside, 24,000 remains immediate support, while 23,600 may provide a stronger cushion if profit booking intensifies. Therefore, traders should stay cautiously positive and closely monitor price action near important resistance levels.
| Highest Call Writing at | 24,500 (65.5 Lk) |
| Highest Put Writing at | 24,000 (69.7Lk) |
Nifty Support and Resistance
| Support | 24,000–23,600 |
| Resistance | 24,500–25,000 |
Bank Nifty Daily Chart Prediction
Prediction For Thursday BANKNIFTY can go up if it goes above 56,100 or down after the level of 55,600, but it also depends upon the Global cues.
Bank Nifty witnessed strong bullish momentum and, moreover, managed to close near the 56,000 zone. Additionally, buying interest remained visible across private banking stocks, which supported the ongoing uptrend. However, 56,100–57,000 will act as a crucial resistance zone in the short term. If the index sustains above 56,100, then further upside toward 57,000 may unfold gradually. On the downside, 55,600 remains immediate support, while 55,000 could provide a stronger base if volatility increases. Therefore, traders should stay cautiously optimistic and closely watch price action near key levels.
| Highest Call Writing at | 56,100 (9.6 Lk) |
| Highest Put Writing at | 55,600 (11.2 Lk) |
Bank Nifty Support and Resistance
| Support | 55,600 and 55,000 |
| Resistance | 56,100 – 57,000 |
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