New Delhi, May 7 -- The market sounded caution yesterday and the message was clear - the trends are struggling. We now need to figure out the next course of action as the struggle is becoming more apparent, given the sharp nature of the moves.

Stock market on 6 May

The Indian stock market struggled to hold on to early gains on Tuesday as selling pressure weighed heavily on most sectors except for auto stocks. By the close of trading, the Sensex had dropped 155.77 points (0.19%) to settle at 80,641.07, while the Nifty 50 slipped 81.55 points (0.33%) to finish at 24,379.60.

Among Nifty 50 stocks, Adani Enterprises, Eternal, Jio Financial, Trent and SBI Life saw losses, while Hero MotoCorp, Tata Steel, Bharti Airtel, M&M and Hindustan Uni...