Sensex Rises on May 4; HUL, Maruti, Adani Ports & More in Green

The BSE Sensex witnessed a strong upward movement on May 4, 2026, rising 579.05 points or 0.75% to reach 77,492.55 as of 10:18 AM. The index opened higher at 77,257.27 and touched an intraday high of 77,910.75, reflecting positive investor sentiment. This rally came after a previous close of 76,913.50, indicating continued momentum in the market.

Top Gainers Lead the Rally

The market rally was primarily driven by gains in select heavyweight stocks across sectors. Hindustan Unilever emerged as the top gainer, rising 4.55%, followed by Maruti Suzuki which gained 3.32%. Adani Ports advanced 3.11%, while Larsen & Toubro added 2.18%. Bajaj Finance and Asian Paints also contributed to the upward trend with gains of 2.07% and 1.65%, respectively. These stocks played a crucial role in pushing the index higher.

IT Stocks Under Pressure

Despite the overall positive trend, the IT sector witnessed mild selling pressure. Tech Mahindra, HCLTech, Infosys, and TCS recorded marginal declines, with TCS falling the most at 0.97%. Bharti Airtel and Kotak Mahindra Bank also saw declines of 1.72% and 1.78%, respectively, indicating some sectoral divergence within the market.

Broader Market Performance

The broader indices also reflected a positive sentiment. The BSE Bankex gained 0.93% to reach 62,280.60, supported by strength in banking stocks. The BSE Sensex 50 rose 0.79%, while the Sensex Next 50 index increased 0.75%. Additionally, the BSE Bharat 22 Index advanced 0.79%, indicating broad-based participation across sectors.

Also Read: SBI Board Meeting Scheduled for May 8, 2026, to Discuss Q4 & FY26 Financial Results and Dividend Declaration!

Conclusion

The market’s upward movement highlights strong investor confidence, supported by gains in FMCG, auto, and infrastructure stocks. While IT stocks remained under slight pressure, the overall trend stayed positive due to broad-based buying. If this momentum continues, the market could sustain its upward trajectory in the near term, supported by sectoral strength and improving sentiment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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