Sensex Closes Higher

2026-05-04 11:14 By Luisa Carvalho 1 min. read

India’s BSE Sensex pared early gains but still closed about 0.5% higher at 77,269 on Monday, rebounding from the previous session’s decline amid support from state election trends and earnings optimism.

Investors reacted positively to exit polls from recent state elections pointing to a possible BJP win in West Bengal and suggesting policy continuity.

Meanwhile, caution prevailed amid the Middle East conflict, with markets closely watching oil prices and developments around a potential reopening of the Strait of Hormuz.

Infrastructure and capital goods stocks were among the top performers, with financials, pharma and metal indices also booking gains.

Adani Ports climbed 5.3%, while heavyweight Reliance Industries Limited added 2.2%, extending gains following last week’s results.

Maruti Suzuki surged 2%, following upbeat monthly sales data.

Losses were seen in select heavyweights.

Bharti Airtel slipped 3.1%, Kotak Mahindra Bank fell 2.8%, TCS dropped 1.7% and ITC slipped 1.3%.



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