Stock market rises amid election results, Sensex crosses 900 points
Sanjeev Kumar May 04, 2026 01:23 PM

stock market

A stormy rise was seen in the stock market today i.e. on 4th May 2026 amid the assembly results. In the initial trends, Bharatiya Janata Party was seen getting lead in West Bengal, Assam and Pondicherry, after which the market's main index Sensex opened fire on the first trading day of the week. In the early market, Sensex crossed the intraday figure of 77,440 points with a gain of 500 points. A spectacular rally was also seen in Nifty 50. But within half an hour, further rally was seen in Sensex and at around 9.40 in the morning, Sensex crossed 900 points.

Share Market (16)

Share Market

Status of rest of the indexes

The beginning of the week was very strong for the stock market. BSE Sensex rose 587.50 points (0.76%) to reach around 77,501 as soon as it opened. Nifty 50 was also seen trading at the level of 24,190 with a rise of 192.95 points (0.80%). Good buying was also seen in banking and financial sector. Nifty Bank rose by about 325 points to reach 55,188, while Nifty Financial Services also rose by 150 points to 25,807. Talking about the sector, auto shares saw a rise of more than 2%, while the FMCG sector was also seen trading up by more than 1%.

Today the bullish atmosphere was clearly visible in the market. Trading started in a total of 903 shares, out of which 742 shares advanced and only 107 shares declined. There was no change in 54 shares. Not only this, 69 shares reached their highest level in 52 weeks, while only 7 shares were at their lowest level. Apart from this, 36 shares were stuck in upper circuit and 13 shares were stuck in lower circuit, which indicates strong bullishness in the market.

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