Post Market, 04 May 2026: Sensex Gains Over 350 Points, Nifty Rises 121 Points

Markets ended higher today, marking a positive start to the new week. This comes after a mixed performance last week, where sentiment remained uncertain. Buying was seen throughout the session, helping both indices close in the green.

The tone looks slightly better for now, though underlying caution still remains.

Closing Bell

Sensex went up 355.9 points to close at 77,269.40. Nifty 50 gained 121.75 points to settle at 24,119.30.

Broader Markets

Broader markets remained supportive. The Nifty Midcap and Smallcap indices both rose around 0.5%.

Sector-wise, the trend was mixed. Metal, realty, infrastructure and pharma indices gained around 0.5–1%, while IT, media and PSU Bank indices ended lower.

Q4 Result Updates

Earnings season continues to drive stock-specific action in the market. Here are some of the key Q4 updates:

• Ather Energy: Net loss lower by 57% YoY at ₹100 crore vs loss of ₹234.4 crore; revenue up 73.8% YoY at ₹1,174.4 crore vs ₹676 crore

• BHEL: Net profit up 154% YoY at ₹1,283 crore vs ₹504 crore; revenue up 37% YoY at ₹12,310 crore vs ₹8,993 crore

• Godrej Properties: Net profit up 70% YoY at ₹649 crore vs ₹382 crore; revenue up 63% YoY at ₹3,458 crore vs ₹2,122 crore

• Exide: Net profit up 23% YoY at ₹312.4 crore vs ₹255 crore; revenue up 9.4% YoY at ₹4,551 crore vs ₹4,159.4 crore

• Ambuja Cements: Net profit up 196% YoY at ₹1,644 crore vs ₹555 crore; revenue up 5.5% YoY at ₹6,972 crore vs ₹6,607 crore

• CSB Bank: Net profit up 6% YoY at ₹201.5 crore vs ₹190 crore; net interest income up 25% YoY at ₹464 crore vs ₹371.4 crore

• NACL Industries: Net loss down by 98% YoY at ₹1 crore vs loss of ₹50 crore; revenue up 79% YoY at ₹362.56 crore vs ₹202.05 crore

• Aditya Birla Capital: Net profit up 31% YoY at ₹1,128 crore vs ₹864 crore; net interest income up 27.4% YoY at ₹2,415 crore vs ₹1,896 crore

• Jyothy Labs: Net profit down 12.3% YoY at ₹68 crore vs ₹77 crore; revenue up 7.7% YoY at ₹717.4 crore vs ₹666 crore

• Wockhardt: Net profit up 465% YoY at ₹164 crore vs loss of ₹45 crore; revenue up 30% YoY at ₹965 crore vs ₹743 crore

What Moved The Markets Today?

Markets saw some buying today, but the overall picture remains mixed. While there was support through the session, the underlying sentiment still looks cautious.

On the geopolitical front, there were some developments over the weekend. Iran proposed a 14-point peace plan, but the US has not responded yet. There seems to be limited conviction around it so far. At the same time, Trump spoke about “Project Freedom”, aimed at helping stranded ships in the Strait of Hormuz. While these developments offer some hope, there is still no clarity on how things will move forward.

Back home, domestic cues remain on the weaker side. The rupee continued to stay under pressure, ending lower at ₹95.08 against the US dollar. FII flows also remained negative, with outflows of over ₹8,000 crore in the previous session.

At the same time, some factors supported sentiment. Elections and the ongoing earnings season have helped support buying through the session.

Overall, markets are seeing weak domestic signals, but some positives have helped keep sentiment on a slightly better footing.

Commodities Watch: Gold And Silver

Gold and silver saw a weak session, with prices declining throughout the day.

Gold opened at ₹1,51,352 per 10 grams on MCX and moved lower as the session progressed. By around 15:51 IST, it was trading at ₹1,49,172, down ₹2,180, or about 1.44%.

Silver also saw a sharp decline. It opened at ₹2,50,937 per kg and slipped to ₹2,43,253 by around 15:56 IST, down ₹7,684, or roughly 3.06%.

Also Read - Exide Industries Q4 FY26: Profit Jumps 23%; Costs, Exports Weigh on Sentiment; Shares Drop

What Should Investors Watch Next?

For now, markets are being guided by incoming developments. The next move will depend on how things evolve around the Iran proposal and the US response.

At the same time, state elections remain in focus. These outcomes are likely to influence sentiment over the next few sessions.

Earnings will also continue to drive stock-specific moves. The broader trend, however, will eventually depend on how domestic stability shapes up.

Sources:

Moneycontrol

Livemint

CNBC TV18