Indian markets opened higher today, with the Sensex rising by 0.99% to 77,678.66 and the Nifty 50 climbing 0.98% to 24,232.40. Despite some profit booking in auto stocks, the overall sentiment remained positive, bolstered by early election trends in West Bengal favouring the BJP. Leading the charge were Valor Estate, Equitas Small Finance Bank, and Cholamandalam Financial Holdings, which saw significant gains in the morning session.
Top performers today
Valor Estate emerged as the top gainer, with its stock price surging by 18.82% from its opening price of ₹108.00 to a current level of ₹123.06. This real estate company has shown strong momentum, reaching a high of ₹124.28 during the session.
Equitas Small Finance Bank followed closely, appreciating by 11.29% from its opening price of ₹71.00 to ₹74.40. The banking sector has seen a positive trend, contributing to the overall market uplift.
Cholamandalam Financial Holdings also performed well, with its stock price increasing by 10.98% from ₹1,563.00 to ₹1,727.00. The financial sector continues to show resilience, with investors showing confidence in its growth prospects.
Balaji Amines recorded a gain of 9.56%, moving from an opening price of ₹1,360.00 to ₹1,461.10. The chemicals sector has been buoyant, reflecting strong demand and positive sentiment.
Aether Industries saw its stock rise by 8.59%, from ₹1,179.00 to ₹1,272.50, as the specialty chemicals sector continues to attract investor interest.
Sectoral patterns
Among other gainers, Quess Corp, CESC, and HFCL showed notable increases, reflecting a positive trend in the services and utilities sectors. Quess Corp rose by 7.84% to ₹213.17, while CESC increased by 7.83% to ₹202.22. HFCL, a key player in the telecommunications sector, gained 7.21% to reach ₹124.40.
Aster DM Healthcare and Vedanta also featured in the top gainers list, with Aster DM Healthcare rising by 6.50% to ₹746.65 and Vedanta climbing 6.37% to ₹288.85, indicating a positive outlook in the healthcare and metals sectors respectively.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Valor Estate | 108.00 | 124.28 | 107.01 | 123.06 | +18.82% |
| Equitas Small Finance Bank | 71.00 | 74.60 | 69.33 | 74.40 | +11.29% |
| Cholamandalam Financial Holdings | 1,563.00 | 1,756.00 | 1,563.00 | 1,727.00 | +10.98% |
| Balaji Amines | 1,360.00 | 1,471.80 | 1,355.00 | 1,461.10 | +9.56% |
| Aether Industries | 1,179.00 | 1,275.10 | 1,174.40 | 1,272.50 | +8.59% |
| Quess Corp | 199.99 | 216.49 | 198.66 | 213.17 | +7.84% |
| CESC | 192.49 | 204.50 | 189.15 | 202.22 | +7.83% |
| HFCL | 122.35 | 128.49 | 119.38 | 124.40 | +7.21% |
| Aster DM Healthcare | 725.00 | 770.00 | 723.95 | 746.65 | +6.50% |
| Vedanta | 277.00 | 294.85 | 274.95 | 288.85 | +6.37% |
What this means for the market
The positive performance of these stocks indicates a robust market sentiment, supported by favourable political developments and sectoral strength. Investors should watch for continued momentum in these sectors as the session progresses. However, caution remains due to potential profit booking at higher levels, particularly in the auto sector.
Data as on May 4, 2026, 11:30 AM 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.