Post Market, 05 May 2026: Sensex Fell Over 250 Points, Nifty Down By 86 Points

Yesterday had hinted at a positive start to the week. But that did not carry through today. Markets opened weak and stayed under pressure throughout the session.

Selling was consistent, with no meaningful recovery seen during the day.

Closing Bell

Sensex went down 251.61 points to close at 77,017.79. Nifty 50 slipped 86.50 points to settle at 24,032.80.

Broader Markets

Broader markets remained relatively stable. Midcaps and smallcaps managed to close with slight gains.

Across sectors, however, the trend stayed mixed. Auto, FMCG, power, and telecom indices were up around 0.5%, while realty and private banks declined about 1% and 0.5%, respectively.

Q4 Result Updates

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

• Mahindra & Mahindra: Net profit up 42% YoY at ₹4,667.6 crore vs ₹3,295 crore; revenue up 29.1% YoY at ₹54,982 crore vs ₹42,599 crore

• PNB: Net profit up 14% YoY at ₹5,225 crore vs ₹4,567 crore; net interest income down 3.5% YoY at ₹10,380 crore vs ₹10,757 crore

• Voltamp Transformers: Net profit down 50.4% YoY at ₹48 crore vs ₹97 crore; revenue down 1.2% YoY at ₹617.2 crore vs ₹624.8 crore

• Sutlej Textiles: Net loss widened by 44.4% YoY to ₹18.2 crore vs ₹12.6 crore; revenue up 2% YoY at ₹693.2 crore vs ₹678.7 crore

• Marico: Net profit up 13.3% YoY at ₹391 crore vs ₹345 crore; revenue up 22% YoY at ₹3,333 crore vs ₹2,730 crore

• Emcure Pharma: Net profit up 29% YoY at ₹243 crore vs ₹189 crore; revenue up 16.7% YoY at ₹2,469.7 crore vs ₹2,116.2 crore

• Lloyds Engineering Works: Net profit up 156.5% YoY at ₹46.83 crore vs ₹18.26 crore; revenue up 113.4% YoY at ₹495.02 crore vs ₹231.96 crore

• Ajanta Pharma: Net profit up 18.4% YoY at ₹266.7 crore vs ₹225.3 crore; revenue up 21.5% YoY at ₹1,421.6 crore vs ₹1,170.4 crore

• Raymond: Net profit up 71.4% QoQ at ₹12 crore vs ₹7 crore; revenue up 8.2% QoQ at ₹603 crore vs ₹557.2 crore

What Moved The Markets Today?

Markets ended lower today, tracking weakness in domestic and global cues. The tone remained under pressure through the session, with selling seen across sectors.

Global cues were weak. Asian markets were lower. US markets also slipped, with the S&P 500 pulling back from its highs.

At the same time, geopolitical tensions have picked up. The US-Iran conflict has escalated, with the ceasefire looking fragile. The situation has widened, with the UAE getting involved, adding to uncertainty. At the same time, Trump’s “Project Freedom” in the Strait of Hormuz has raised concerns, with strong warnings issued against any disruption to US vessels.

Back home, the rupee weakened further. It hit a fresh all-time low of ₹95.46 during the day against the US dollar. It ended at 95.29, which is 21 paise lower than its previous close.

There was some support from flows, with FIIs turning net buyers at ₹2,835 crore in the previous session. Volatility remained contained, with India VIX around 17.9, suggesting caution but not panic.

Commodities Watch: Gold And Silver

Gold and silver saw some recovery through the session, even as broader markets remained under pressure.

Gold opened at ₹1,49,339 per 10 grams on MCX and moved slightly higher during the day. By around 15:51 IST, it was trading at ₹1,49,671, up ₹332, or about 0.22%.

Silver also edged higher. It opened at ₹2,43,895 per kg and rose to ₹2,45,745 by around 15:51 IST, up ₹1,850, or roughly 0.76%.

Also Read - Mahindra & Mahindra Q4FY26 Profit Jumps 53% To ₹3,737 Crore

What Should Investors Watch Next?

Right now, both global and domestic cues are weak, and that is clearly weighing on markets. It will be important to watch if this pressure continues in the near term. Much will depend on how these factors stabilise over the next few sessions.

If there is some improvement on either front, it could help support sentiment. Otherwise, the current weakness may persist.

Sources:

Livemint

Business Standard

Moneycontrol

CNBC