Indian stock markets closed higher on 4th May 2026, with the Nifty 50 rising to 24,119.30, marking a 0.51% increase from its opening level. The Sensex also gained, closing at 77,269.40, up 0.46% from the open. The positive sentiment was supported by early election trends in West Bengal favouring BJP, although gains were capped by profit booking in auto stocks.
Index movements
The Nifty 50 opened at 24,063.55 and reached an intraday high of 24,290.20 before closing at 24,119.30. The index showed a mix of positive momentum and caution, reflecting in its trajectory throughout the session. The Sensex opened at 77,257.27, hit a high of 77,910.75, and closed at 77,269.40. Meanwhile, the Bank Nifty saw marginal movement, opening at 54,937.90 and closing at 54,878.50, with a slight increase of 0.03%.
Sectoral performance
The Nifty Realty index emerged as the top gainer, climbing 2.41% to close at 812.70. The Nifty Metal index also performed well, rising 1.09% to 12,972.70. On the downside, the Nifty IT index fell by 0.95% to 29,076.10, and the Nifty Media index declined by 0.54% to 1,448.10. The Nifty Auto index saw a modest increase of 0.42% to 26,027.70, despite profit booking pressures.
Market breadth
Broader market indices reflected a positive trend with the Nifty 500 gaining 0.65% to close at 22,830.75. The Nifty Midcap 100 and Nifty Midcap 50 indices also posted gains, closing at 60,159.75 and 16,984.90, respectively, with increases of 0.63% and 0.61% from their opening levels.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| NIFTY 50 | 24,063.55 | 24,290.20 | 24,004.75 | 24,119.30 | +0.51% |
| SENSEX | 77,257.27 | 77,910.75 | 76,939.54 | 77,269.40 | +0.46% |
| NIFTY REALTY | 800.45 | 819.95 | 800.45 | 812.70 | +2.41% |
| NIFTY METAL | 12,911.15 | 13,025.75 | 12,897.80 | 12,972.70 | +1.09% |
| NIFTY IT | 29,606.50 | 29,664.50 | 28,955.60 | 29,076.10 | -0.95% |
| NIFTY PHARMA | 23,371.30 | 23,548.95 | 23,296.10 | 23,475.55 | +0.89% |
| INDIA VIX | 18.46 | 18.88 | 16.75 | 18.30 | -0.87% |
| NIFTY 500 | 22,783.80 | 22,954.30 | 22,709.75 | 22,830.75 | +0.65% |
| NIFTY MIDCAP 100 | 60,235.50 | 60,563.95 | 59,787.60 | 60,159.75 | +0.63% |
| NIFTY MIDCAP 50 | 17,002.50 | 17,098.65 | 16,876.45 | 16,984.90 | +0.61% |
| NIFTY 100 | 24,973.70 | 25,191.70 | 24,924.45 | 25,041.10 | +0.58% |
| NIFTY MEDIA | 1,462.60 | 1,467.00 | 1,432.30 | 1,448.10 | -0.54% |
| NIFTY ENERGY | 40,936.70 | 41,302.50 | 40,795.45 | 40,970.05 | +0.49% |
| NIFTY AUTO | 26,133.50 | 26,496.65 | 25,810.10 | 26,027.70 | +0.42% |
| NIFTY FMCG | 51,383.00 | 51,972.90 | 51,129.20 | 51,266.00 | +0.38% |
| NIFTY PSU BANK | 8,495.50 | 8,637.95 | 8,441.00 | 8,455.80 | -0.32% |
| BANK NIFTY | 54,937.90 | 55,602.30 | 54,723.50 | 54,878.50 | +0.03% |
Market outlook
As the markets closed on a positive note, the focus remains on the political developments in West Bengal and their potential impact on market sentiment. Investors are advised to stay cautious as profit booking could continue to influence market movements in the near term. The performance of sectoral indices, particularly Realty and Metal, will be closely watched in the coming sessions.
Data as on May 4, 2026, 03:35 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.