Sensex Today | Stock Market LIVE Updates: The stock market started the day strongly on Monday, and benchmark indices continued to rise during the early session amid a number of encouraging domestic factors. The Nifty 50 is trading at over 24,200 and has gained more than 200 points, whereas the Sensex has gained over 700 points and is trading above 77,400.
Bank Nifty trading at over 55,500, gaining over 550 points as well as across financial heavyweights, is a sign of buying across the financial segment. This positive start comes a week after a period of uncertain sentiment that stemmed from rising crude oil prices, weakness of the rupee and global uncertainty.
However, the institutional flows, Q4 results season and election-related developments have seemed to push the rally further despite mixed global cues. Foreign institutional investor flows, crude oil prices and clues from global central banks, particularly from the US Fed, have remained on investors’ radar. Analysts predict that volatility will remain, despite the initial gain at the opening.
The rate of gold on May 4, 2026, was marginally down. The rate of gold has edged lower by Rs 1.24K. Gold rate is trading at Rs 15,092 per gm, which is down by Rs 1 from yesterday’s price, while 22K gold and 18K gold are trading at Rs 13,834 and Rs 11,319 per gm, respectively. These rates are trading lower than the previous rate by slightly above 1. Gold demand is steady as prices are not falling much.
Gold prices remained supported by a soft rupee and various global factors that have put prices on a stronger footing amid the possibility of geopolitical events and rate actions. Buying driven by a search for safety seems to be underpinning gold as the US Fed stays cautious and inflation worries loom.
However, an upside is likely to be limited, as persistently strong USD and strong bond yields will not permit a run in gold. Analysts expect gold to trade in a range in the coming days, with an upward bias if global uncertainties increase.
The currency movement is expected to remain on investors’ minds, as a weak rupee would eventually send Indian gold prices spiralling higher, even if global prices stay flat.
Follow this live blog for real-time updates on the market, top gainers and losers, sector-specific trends, and analyst recommendations as Dalal Street goes through a critical trading day.
