1. Indian Benchmarks End Mixed in Range-Bound Trade
The Indian benchmark indices ended on a mixed note following a volatile session. The BSE Sensex rose 113.61 points (0.15%) to settle at 78,079.96, supported by fag-end buying in blue chips. Conversely, the NSE Nifty 50 slipped 40.10 points (0.16%) to close at 24,395.85, marking its third consecutive session of minor declines.
2. Heavyweight Drag vs. FMCG & Media Resilience
Market cap-weighted pressure in banking and energy heavyweights (like ICICI Bank, Reliance Industries, and UltraTech Cement) capped Nifty's recovery. However, sector rotation favored consumer and media plays, with Nifty FMCG (+0.84%) and Nifty Media (+0.37%) outperforming. Top gainers included Tata Motors, NTPC, Hindustan Unilever, and Tata Consumer Products.
3. Crude Oil & Middle East Geopolitical Cues
Elevated energy prices and geopolitical uncertainty in the Middle East kept investor sentiment cautious. Brent crude traded lower near $87.70/barrel after demand forecasts for late 2026 were revised downwards, providing a minor relief to energy-importing sectors.
4. L&T Bags Mega AI Infrastructure Order
Larsen & Toubro (L&T) gained momentum after securing a major order to build India’s largest single-cluster artificial intelligence (AI) infrastructure. The project will deploy 10,000 NVIDIA B300 GPUs for US-based AI cloud firm Together AI.
5. Corporate Earnings & Strategic Stake Deals
Jio Financial Services: Shares jumped following news that Bank of America plans to acquire a 49.9% stake in Jio Credit.
Q1 FY27 Earnings: Lenskart Solutions surged ~7% after reporting a 182.3% YoY profit jump, while Astral rallied nearly 9.5% on solid quarterly performance.
Corporate Performance Trend: An ICRA analysis showed aggregate revenues of 838 listed companies expanded 22% YoY in Q1.
Stock Markets News as on 4th May, 2026
The Indian stock market showed moderate gains on May 4, 2026, with benchmark indices closing higher amid falling crude oil prices and positive global cues.
Key Index Performance
The BSE Sensex ended at 77,269.40, up 355.90 points or 0.46%. NSE Nifty 50 closed at 24,119.30, gaining 121.75 points or 0.51%, after intraday highs above 24,200. Nifty Bank remained nearly flat at 54,878.50, up just 15.15 points, while Nifty Midcap 100 rose 0.63% to 60,159.75.
Sectoral Trends
Auto and midcap segments led gains, with Nifty Auto up around 1.56% and midcaps outperforming benchmarks. Financial services climbed 0.44% to 25,770.40, supported by select banking stocks. IT dipped slightly at -0.01%, while broader sectors like FMCG and pharma showed resilience.
Top Gainers and Losers
Intraday top performers included DB Realty (+18.90%), Dr Lal Pathlabs (+9.35%), and Aster DM Health (+7.42%) on NSE 500. Adani group stocks and autos like Maruti drove broader gains, with mentions of surges up to 4%. Specific losers were less highlighted, but telecom and some banks lagged amid volatility.
Driving Factors
Markets opened strong with Sensex rallying over 500-700 points and Nifty topping 24,100, fueled by crude oil dipping below $110 for a second session. US President Donald Trump’s signals on aiding ships in the Strait of Hormuz eased oil worries, boosting sentiment. State election counting in West Bengal added short-term focus, though global mixed cues like Asian gains and European dips persisted.
Outlook
Experts note range-bound trading ahead, with Nifty support at 23,800-24,000 and resistance near 24,350, amid oil volatility and FII selling pressures. Turnover hit high levels, reflecting optimism despite geopolitical risks. Investors eye Q4 results and US-Iran developments for cues.
======================================================================================
======================================================================================
Nifty 50 top gainers on May 4, 2026, were led by Adani Ports, while telecom and pharma stocks like Bharti Airtel and Dr. Reddy’s topped the losers list.
Nifty 50 Top Gainers
Nifty 50 Top Losers
Broader Market Highlights
Other notable gainers included Bajaj Auto (+2.50%), Maruti Suzuki (+1.84%), and Cemindia Projects amid Q4 earnings buzz. Losers like Power Grid Corp (-1.37%) and Tata Motors PV (-0.92%) reflected sector pressures in power and autos. High volumes in Adani stocks signaled strong investor interest.
======================================================================================
Markets at Close
4th May, 2026
Nifty above 24,100, Sensex up 356 pts; realty, metal shine, IT drags
Among the top gainers on the Nifty were Adani Ports and Special Economic Zone, Adani Enterprises, Eicher Motors, Reliance Industries, and Jio Financial. On the flip side, laggards included Bharti Airtel, Kotak Mahindra Bank, Dr. Reddy’s Laboratories, Oil and Natural Gas Corporation, and Tata Consultancy Services. On the sectoral front, metal, realty, infrastructure, and pharma indices gained around 0.5–1%, while IT, media, and PSU Bank indices ended lower. Meanwhile, broader markets remained supportive, with the Nifty Midcap and Smallcap indices rising about 0.5% each
Rupee at Close
4th May, 2026
Indian rupee ended 16 paise lower at 95.08 per dollar on Monday versus Thursday’s close of 94.92.
Source : moneycontrol
FII’s & DII’s Activity on 4th May, 2026
Net value in crores
| BUY | SELL | |
| DII | 4,764.16 | |
| FII | 2,835.62 |
News
Global News
*Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
NOTE: *** The above information is based on the source and just for educational purposes only. Please consult your financial advisor before buying any stocks. Thank You ***
Important Links which may interest you :
Latest Jobs in Logistics, Operations, Supply Chain, Warehousing and Transportation