Indian stock markets are trading higher at midday, with the Nifty 50 at 24,112.55, marking a 0.48% increase from its opening level of 24,063.55. The Sensex also shows positive momentum, rising 0.51% to 77,302.75 from its opening of 77,257.27. Market sentiment remains buoyant, supported by early trends in the West Bengal elections favouring the BJP, although profit booking in auto stocks has capped further gains.
Index movements
The Nifty 50 opened at 24,063.55 and reached an intraday high of 24,290.20 before slipping to its current level of 24,112.55. The Sensex followed a similar trajectory, opening at 77,257.27, peaking at 77,910.75, and currently trading at 77,302.75. The Bank Nifty index is also in positive territory, rising 0.36% to 55,062.05 from its opening of 54,937.90, after hitting a high of 55,602.30.
Sectoral performance
The Nifty Realty index is the standout performer, climbing 2.21% to 811.05 from its opening of 800.45. In contrast, the Nifty IT index has declined by 0.91% to 29,086.10, after opening at 29,606.50. The Nifty Pharma index has gained 1.02%, reaching 23,505.95, while the Nifty Auto index has seen a slight decline, trading at 25,971.20, down from its opening of 26,133.50.
Market breadth
Broader market indices are also showing gains, with the Nifty 100 up 0.59% at 25,043.90 and the Nifty 500 rising 0.65% to 22,831.45. The Nifty Midcap 100 is marginally lower at 60,232.45, while the Nifty Midcap 50 is slightly up at 17,005.40. The Nifty FMCG index has increased by 0.75% to 51,453.55.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| NIFTY 50 | 24,063.55 | 24,290.20 | 24,061.85 | 24,112.55 | +0.48% |
| SENSEX | 77,257.27 | 77,910.75 | 77,229.89 | 77,302.75 | +0.51% |
| NIFTY REALTY | 800.45 | 817.75 | 800.45 | 811.05 | +2.21% |
| NIFTY PHARMA | 23,371.30 | 23,548.95 | 23,296.10 | 23,505.95 | +1.02% |
| NIFTY MEDIA | 1,462.60 | 1,467.00 | 1,438.15 | 1,441.15 | -1.02% |
| NIFTY IT | 29,606.50 | 29,664.50 | 29,086.10 | 29,086.10 | -0.91% |
| NIFTY METAL | 12,911.15 | 13,025.75 | 12,899.95 | 12,947.95 | +0.90% |
| NIFTY ENERGY | 40,936.70 | 41,302.50 | 40,860.25 | 41,106.60 | +0.82% |
| NIFTY MIDCAP 100 | 60,235.50 | 60,563.95 | 60,081.40 | 60,232.45 | +0.75% |
| NIFTY FMCG | 51,383.00 | 51,972.90 | 51,359.75 | 51,453.55 | +0.75% |
| NIFTY MIDCAP 50 | 17,002.50 | 17,098.65 | 16,967.70 | 17,005.40 | +0.73% |
| NIFTY 500 | 22,783.80 | 22,954.30 | 22,783.50 | 22,831.45 | +0.65% |
| NIFTY 100 | 24,973.70 | 25,191.70 | 24,973.45 | 25,043.90 | +0.59% |
| NIFTY PSU BANK | 8,495.50 | 8,637.95 | 8,495.45 | 8,516.20 | +0.40% |
| BANK NIFTY | 54,937.90 | 55,602.30 | 54,929.60 | 55,062.05 | +0.36% |
| NIFTY AUTO | 26,133.50 | 26,496.65 | 25,969.35 | 25,971.20 | +0.21% |
| INDIA VIX | 18.46 | 18.46 | 16.75 | 18.43 | -0.16% |
Market outlook
As the session progresses, investors are likely to keep an eye on the political developments in West Bengal, which have been a supportive factor for the markets. However, the ongoing profit booking, especially in the auto sector, may continue to exert pressure on the indices. The market is expected to remain cautious at higher levels, balancing positive sentiment with near-term selling pressure.
Data as on May 4, 2026, 12:30 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.