Sensex, Nifty 50 | Stock Market Highlights: Sensex up 941 pts, Nifty 50 ends at 24,331;oil slides on US-Iran peace hopes
Sensex, Nifty 50 | Stock Market Highlights: The Sensex closed at 77,958.52, up 941 points, while the Nifty 50 settled at 24,330.95, rising 298 points. Except for Nifty FMCG, the rest of the sectoral ended in the green, with Nifty IT, Nifty Auto, Nifty Metals and Nifty PSU Banks gaining the most.
Sensex, Nifty 50 | Stock Market Highlights: The Indian benchmark indices, the BSE Sensex and Nifty 50, rallied over 1% each on Wednesday, 6 May, amid reports that the US and Iran were close to reaching a deal to end their conflict.
The Sensex surged more than 1,000 points to hit an intraday high of 78,022.78, while the Nifty 50 touched a high of 24,356.50 during the session.
After trimming some gains, the Sensex closed at 77,958.52, up 941 points (1.22%), while the Nifty 50 settled at 24,330.95, rising 298 points (1.24%).
The rally was broad-based, with strong buying seen across segments. The BSE Midcap index advanced 1.67%, and the BSE Smallcap index climbed 1.77%, reflecting positive sentiment beyond large-cap stocks.
Investors gained roughly ₹6 lakh crore as the total market capitalisation of BSE-listed companies increased to ₹473 lakh crore from just under ₹467 lakh crore in the last trading session.
The Sensex opened 406.57 points, or 0.53%, higher at 77,424.36, while the Nifty 50 opened up by 138.20 points, or 0.58%, at 24,171.00. The Bank Nifty index rallied 566.35 points, or 1.04%, to open at 55,113.40.
On the global front, Asian markets gained, while the US stock market ended higher overnight, with the S&P 500 and Nasdaq posting record closing high.
Market sentiment improved after US President Donald Trump said he would briefly pause an operation to help escort ships through the Strait of Hormuz, citing “great progress” toward a comprehensive agreement with Iran.
Crude Oil Prices
Crude oil prices fell after Trump indicated a possible peace deal may be reached to end the war with Iran. Brent crude futures for July fell 1.38% to $108.35 per barrel, after dropping 4% in the previous session. US benchmark West Texas Intermediate futures for June declined 1.47% to $100.77, after closing down 3.9% the day before.
Gold Rate Today
Gold prices rallied, buoyed by a weaker dollar, while lower oil prices eased inflation fears. Spot gold price rose 1.3% to $4,617.19 per ounce, while US gold futures for June delivery gained 1.4% to $4,631.30. Spot silver price surged 2.4% to $74.60 per ounce.
Stay tuned to this segment for the live updates on the Indian stock market today.
Sensex, Nifty 50 | Stock Market Highlights
Indian equities ended on a strong note today, with the Nifty 50 and BSE Sensex gaining 298 points and 941 points, respectively. Market sentiment improved as crude oil prices eased and global cues remained supportive, with oil cooling to the low $100 per barrel range after recently hovering around $108–$115.
A key positive trigger was the government’s approval of ECLGS 5.0, which is expected to facilitate additional credit flow of around ₹2.55 lakh crore. The scheme extends support to MSMEs and airlines, helping ease concerns around debt-heavy sectors such as aviation and NBFCs.
Q4 FY26 earnings have also remained largely stable, with several companies reporting results slightly ahead of expectations, particularly across banking, consumer, healthcare, and metals sectors.
Airline stocks saw notable gains, as the scheme offers longer repayment tenures and moratorium benefits, improving cash flow visibility.
Looking ahead, markets are likely to remain stock-specific in the near term. Stability in crude prices and currency movements will be key, while the broader trend appears constructive. The focus remains on companies with strong balance sheets, consistent earnings visibility, and robust governance standards.
Sensex, Nifty 50 | Stock Market LIVE: Gainers and losers
InterGlobe Aviation (IndiGo), Tata Motors Passenger Vehicles, and Shriram Finance were the top gainers in the Nifty 50 index, which saw 35 of its components ending in the green.
However, ONGC, Reliance Industries, and Power Grid Corporation of India ended as the top losers in the Nifty 50 index.
Sensex, Nifty 50 | Stock Market LIVE: Key reasons for stock maket rally
According to Vinod Nair, Head of Research, Geojit Investments Limited, domestic markets rallied on a risk-on sentiment, driven by easing US–Iran tensions and China’s diplomatic engagement, which helped contain crude prices, though the trend remains headline-sensitive. Global cues were further strengthened by strong AI-led tech earnings and large fund-raises, while yen-led dollar weakness aided EM flows.
Domestically, favourable political cues, improving infra executions, and ECLGS 5.0 approval remain supportive, especially for MSME sectors. However, gains across financials, pharma, auto, and realty were partly led by short covering and tactical moves. With input cost pressures and FX risks still present, a selective investment approach is advisable
Sensex, Nifty 50 | Stock Market LIVE: Sensex jumps over 900 points, Nifty 50 above 24,300
The market continues to rise following an Axios report about a potential agreement between the US and Iran, while Brent crude drops below $104 per barrel.
The Nifty 50 surpasses 24,350, with the broader market showing stronger performance, as all significant indices gain more than 1% each.
Sensex, Nifty 50 | Stock Market LIVE: Sensex heatmap
Sensex, Nifty 50 | Stock Market LIVE: Crude oil prices slide after Trump signals possible deal to end Iran war
Crude oil prices extended declines on the potential release of bottled-up supply from the Middle East after US President Donald Trump signalled a possible deal to end the war with Iran, Reuters reported. Brent crude futures fell 6.1% to $103.17 a barrel after touching their lowest in almost two weeks. US West Texas Intermediate lost 6.6% to $95.50. Both benchmarks had shed about 4% in the previous session.
Sensex, Nifty 50 | Stock Market LIVE: Sensex jumps over 800 points, Nifty 50 above 24,300
A strong wave of buying emerged at lows in the Indian stock market today, lifting both the benchmark indices over 1% each. The Sensex jumped 877.01 points, or 1.14%, to trade at 77,894.80, while the Nifty 50 was up 289.10 points, or 1.20%, at 24,319.95.
Sensex, Nifty 50 | Stock Market LIVE: Middle East war threatens to derail Indian economic growth: Should stock market investors be worried?
The Middle East war has made the near-term outlook of the Indian economy hazy, raising concerns that the US-Iran conflict will derail the economy's growth momentum, drive inflation higher, and dent corporate profitability, leading to softer stock market returns.
Vinit Bolinjkar, Head of Research at Ventura, said the Indian stock market is likely to deliver only modest returns in FY27, with higher volatility as the dominant theme.
"Valuations are already richer versus historic norms and emerging‑market peers, so any further spike in oil or a weaker rupee could trigger sharp corrections, especially in rate‑sensitive and import‑dependent segments," said Bolinjkar. Read here
Sensex, Nifty 50 | Stock Market LIVE: AI stocks rally pushes S&P 500, Nasdaq, Kospi to record highs: Are valuations still justified?
Technology stocks across the US and Asia are witnessing a strong rally, driven by sustained optimism around artificial intelligence (AI) and aggressive capital spending by global tech giants. The primary catalyst behind the rally in AI stocks is the sharp increase in capital expenditure by hyperscalers. Tech giants — Microsoft, Amazon, Alphabet and Meta — are expected to collectively spend close to $700 billion in capex this year, nearly double their 2025 outlay. Read here
Sensex, Nifty 50 | Stock Market LIVE: Ruchit Jain of Motilal Oswal suggests three shares to buy in near-term
Ruchit Jain recommends three stocks to buy or sell in the near-term - Granules India Ltd, Nippon Life India Asset Management Ltd, and SRF Ltd.
Buy Granules India at CMP of ₹740; SL at ₹690, and Target Price of ₹840
Buy Nippon Life India Asset Management at CMP of ₹1,080; SL at ₹1,055, and Target Price of ₹1,150
Buy SRF at CMP of ₹2,700; SL at ₹2,500, and Target Price of ₹3,050
Sensex, Nifty 50 | Stock Market LIVE: RBI issues draft rules for acquiring immovable assets against loans: What they mean?
The Reserve Bank of India (RBI) on Tuesday issued draft guidelines for acquisition of immovable assets by regulated entities – such as banks NBFCs and other licensed lenders – in exceptional cases as part of loan recovery processes.
Usually, regulated entities (REs) don't take possession of non-financial assets such as houses, land, machinery, etc. in lieu of their regular lending operations. However, there are exceptions — when the assets become non-performing, or when the borrower has stopped making payments and the lenders have resorted to invoking legal remedies. In such cases, REs can take possession of an immovable asset furnished as collateral security as part of the recovery strategy. Read here
Sensex, Nifty 50 | Stock Market LIVE: Firstsource share price jumps over 6% after Q4 results
Firstsource Solutions share price jumped over 6% after the company reported Q4 results. The stock rallied as much as 6.49% to ₹232.85 apiece on the BSE.
Firstsource Solutions Q4 Results (YoY)
> Net profit rises 27.8% to ₹205.2 crore from ₹160.6 crore
> Revenue grows 20.5% to ₹2,613 crore from ₹2,167.7 crore
> EBITDA up 35.7% to ₹460 crore from ₹339 crore
> Margin improves to 17.6% from 15.6%
Firstsource Solutions share price was trading 6.27% higher at ₹232.35 apiece on the BSE.
Sensex, Nifty 50 | Stock Market LIVE: KPIT Tech Q4 net profit rises 23%, revenue up 6% QoQ
KPIT Technologies Q4 Results (QoQ):
> Net profit rises 22.6% to ₹163 crore from ₹133 crore
> Revenue grows 6% to ₹1,711 crore from ₹1,617 crore
> EBITDA up 2.5% to ₹322 crore from ₹314 crore
> Margin drops to 18.8% from 19.4%
Sensex, Nifty 50 | Stock Market LIVE: FIIs sell Indian stocks worth ₹1.98 lakh crore in just four months. Can this trend reverse in May?
Foreign institutional investors (FIIs) have withdrawn around ₹1.98 lakh crore from Indian equities during the first four months of 2026, according to data available on NSDL. So far in May, there has been no shift in the FII trend as they have offloaded shares worth ₹5,052 crore.
According to Sugandha Sachdeva, Founder of SS WealthStreet, the sustained selling trend reflects a mix of factors, including India’s relative underperformance over the past 12-18 months, elevated market valuations, and a clear shift in global capital toward markets such as Japan, South Korea, and Taiwan, which are currently benefiting from the AI-driven investment cycle and offering superior near-term earnings visibility. Read here
Sensex, Nifty 50 | Stock Market LIVE: Vodafone Idea shares surge 4%, extend rise to 3rd day
Vodafone Idea share price rose another 4% on Wednesday, extending its gains for the third day in a row and hitting levels last seen over two months ago, driven by multiple positive developments. In three sessions, Vodafone Idea share price has risen almost 10%. Read here
Sensex, Nifty 50 | Stock Market LIVE: Arvind Fashions share price jumps 10% after Q4 results
Arvind Fashions share price jumped over 10% after the company reported its Q4 results. The company posted a net profit of ₹47 crore in Q4FY26 as against a loss of ₹93 crore in the year-ago period. Revenue rose 14.7% to ₹1,364 crore from ₹1,189 crore, YoY. EBITDA rose 18.3% to ₹188 crore from ₹159 crore, while margin improved to 13.8% from 13.4%, YoY.
Sensex, Nifty 50 | Stock Market LIVE: IndiGo, SpiceJet shares rally after govt approves credit line guarantee scheme for airlines
Airline stocks rallied after the government approved an Emergency Credit Line Guarantee Scheme (ECLGS) to support MSMEs and airlines impacted by the US-Iran war in the Middle East.
IndiGo share price gained as much as 3.58% to ₹4,391.30 apiece, while SpiceJet share price hit 5% upper circuit of ₹12.70 apiece on the BSE.
Sensex, Nifty 50 | Stock Market LIVE: L&T share price falls nearly 4% after Q4 results. Time to buy or sell the infra stock?
L&T share price fell nearly 4% on Wednesday after the company reported its Q4 results. L&T shares declined as much as 3.85% to ₹3,900.00 apiece on the BSE.
L&T’s consolidated Q4 results and full-year FY26 were slightly weaker than analysts’ estimates on lower-than-expected execution in core EPC. Core EPC execution growth stood at 12% YoY during the year and was impacted by delays in domestic water projects as well as disruption due to the US-Iran war in the Middle East. Read here
Sensex, Nifty 50 | Stock Market LIVE: Largecap valuations compelling; SMIDs remain elevated
The Nifty-50’s one-year forward P/E stood at 19.1x, 9% below its long-period average (LPA) of 21x, according to Motilal Oswal. The Nifty Midcap-100 and the Nifty Smallcap-100 indices are trading at 27.6x and 22.6x, respectively, at a premium of 16% and 30% to their respective LPAs.
Sensex, Nifty 50 | Stock Market LIVE: BL Kashyap and Sons share gains 3% after receipt of order worth ₹180 crore
BL Kashyap and Sons share price rallied over 3% after the company announced receipt of order worth ₹180 crore from Immencity Office Parks Pvt. Ltd. for civil and structural works at Century Red Oak Commercial Building Block 1 in Bangalore. The time period by which the order is to be executed 18 months approx.