Market Volatility: Key Stocks to Watch on 5 May 2026
Vodafone Idea, HFCL, JP Power, HCC, Meesho, Ola Electric Mobility among the most traded stocks today, 5 May 2026
Mint
Image: Mint
On 5 May 2026, Indian stock markets faced a downturn, with the Sensex and Nifty 50 both dropping nearly 1%. Key stocks like Vodafone Idea and HFCL saw significant trading volumes, with Vodafone Idea rising nearly 8% after a reduction in its AGR liability, while Ola Electric Mobility fell nearly 8% despite strong sales growth.
- 01Vodafone Idea's shares surged nearly 8% after a significant reduction in AGR liability.
- 02HFCL reached a 52-week high with a nearly 6% increase following record profits.
- 03Jaiprakash Power Ventures reported a loss, leading to a 5% decline in its stock.
- 04Ola Electric Mobility's stock crashed nearly 8% despite strong sales growth in April.
- 05Overall market sentiment was affected by rising crude oil prices and a weaker rupee.
Advertisement
In-Article Ad
On 5 May 2026, Indian stock markets experienced a decline, with the benchmark indices, the Sensex and Nifty 50, both falling by nearly 1%. The Sensex dropped to an intraday low of 76,629, while the Nifty 50 hit a low of 23,914. This downturn was attributed to rising crude oil prices, a record low for the Indian rupee against the US dollar, and uncertainty surrounding US-Iran peace talks. Amid this volatility, several stocks saw significant trading activity. Vodafone Idea led the pack, with over 58 crore shares traded and a rise of nearly 8%, following a reduction in its Adjusted Gross Revenue (AGR) liability by ₹23,649 crore, bringing total dues down to ₹64,046 crore. HFCL also performed well, with over 8 crore shares changing hands and a 6% increase, reaching a 52-week high of ₹133.15 after reporting record profits. Conversely, Jaiprakash Power Ventures (JP Power) suffered a 5% decline due to a reported loss of ₹13.37 crore for Q4FY26. Ola Electric Mobility's stock fell nearly 8%, despite strong sales growth, indicating a volatile market environment.
Advertisement
In-Article Ad
The decline in major indices could affect investor confidence and lead to cautious trading behavior among retail investors.
Advertisement
In-Article Ad
Reader Poll
How do you feel about investing in the current stock market conditions?
Connecting to poll...
More about Vodafone Idea

Vodafone Idea, HFCL, and Meesho Lead Trading Activity on Indian Stock Market
Mint • May 4, 2026

Vodafone Idea Shares Surge 10% Following AGR Dues Cut; Citi Projects 30% Upside
Business Standard • May 4, 2026
Market Update: Key Stocks to Watch Including Kotak Mahindra Bank and DMart
The Economic Times • May 4, 2026
Read the original article
Visit the source for the complete story.


