With his third draw in five games, the reigning world rapid champion remained in joint lead on 3.5 points and now shares the lead with Anish Giri of Holland and Shakhriyar Mamedyarov of Azerbaijan.
While Giri was held to a draw by Gawain Jones of England, Mamedyarov's tactics worked pretty well as he outplayed Fabiano Caruana of United States.
The other Indian in the fray, B Adhiban succumbed to his third defeat in the event going down to Wesley So of United States while in the other decisive game, Peter Svidler defeated top woman player Yifan Hou of China.
Even though he looked in a spot of bother, Carlsen found just about the right moves to draw with Kramnik in the fifth round game.
Anand faced the second Petroff defence in the tournament as white but this time did not get much. The Indian ace had scored an excellent victory over Caruana in the same opening a couple of days back but Wei Yi appeared better prepared.
In the Challengers section, India's Vidit Gujrathi slipped to second spot on four points after he was held to a draw by Erwin L'Ami of the Netherlands.
Playing black, Vidit did not get any chances as L'Ami played it safe and the peace was signed early.
D Harika played out her fourth draw in five games here splitting the point with local youngster Lucas Van Foreest.
The players will get their first rest day in the marathon event and the sixth round will see Anand as black against co- leader Anish Giri.
Results Masters round 5: Peter Svidler (Rus, 2.5) beat Yifan Hou (Chn, 0.5); Magnus Carlsen (Nor, 3) drew with Vladimir Kramnik (Rus, 3); Gawain Jones (Eng, 2.5) drew with Anish Giri (Ned, 3.5); V Anand (Ind, 3.5) drew with Wei Yi (Chn, 2.5); Wesley So (Usa, 3) beat B Adhiban (Ind, 1); Shakhriyar Mamedyarov (Aze, 3.5) beat Fabiano Caruana (Usa, 1.5); Maxim Matlakov (Rus, 2.5) drew with Sergey Karjakin (Rus, 2.5)
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