The Sensex is down 116.57 points at 39,966.97, while Nifty is down 56.80 points at 11,964.90. About 697 shares have advanced, 1070 shares declined, and 104 shares are unchanged. Shares of PSP Projects touched a 52-week high of Rs 544, rising 4 percent in the early trade on Thursday as the company won orders worth Rs 155.61 crore in the Financial Year 2019-20. It is a flat start for the Indian indices on May 6 with Nifty below 12,000 ahead of Monetary Policy Committee meeting.
