Indian equity benchmarks, the BSE Sensex and Nifty 50, are set for a positive start on May 6, tracking firm cues from GIFT Nifty, which was trading around 24,321 in early trade.

In the previous session, benchmark indices gave up most of their intraday gains to close marginally lower, although the Nifty managed to hold above the crucial 24,000 mark amid mixed sectoral trends.

On Tuesday, the 30-share benchmark index ended at 77017.79 down by -251.61 points or by -0.33 % and then NSE Nifty was at 24032.8 down by -86.5 points or by -0.36 %.

On the global front, among Asian indices, South Korea's Kospi index witnessed a sharp rally of 5.41%, surpassing the 7,000 mark for the first time.  Hang Seng was up marginally, while Japan's Nikkei and Taiwan market remained shut.

The S&P 500 and Nasdaq notched record high closes on Tuesday, lifted by Intel ​and other AI-related stocks, as a U.S.-Iran ceasefire held firm and investors focused on strong quarterly earnings.

The S&P 500 climbed 0.81% to end the session at 7,259.22 points.

The Nasdaq gained 1.03% to 25,326.13 ‌points, while ⁠the Dow Jones Industrial Average rose 0.73% to 49,298.25 points.

Back home, Top traded Volumes on NSE Nifty – HDFC Bank Ltd. 38887657.00, Eternal Ltd. 28498223.00, ITC Ltd. 26795704.00, ICICI Bank Ltd. 24447935.00, Reliance Industries Ltd. 23543341.00,

On NSE, total number of shares traded was 493.93 Crore and total turnover stood at Rs. 128629.18 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 105592 with a total turnover of Rs. 16796.39 Crore. Along with this total number of contracts traded in stock futures were 1075249 with a total turnover of Rs. 71714.08 Crore. Total numbers of contracts for index options were 444756367 with a total turnover of Rs. 69587587.00 Crore. and total numbers of contracts for stock options were 5071546 with a total turnover of Rs. 350687.63 Crore.

The FIIs on 05/05/2026 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 20129.12 Crore and gross debt purchased stood at Rs. 179.05 Crore, while the gross equity sold stood at Rs. 17156.66 Crore and gross debt sold stood at Rs. 117.39 Crore. Therefore, the net investment of equity and debt reported were Rs. 2972.46 Crore and Rs. 61.66