Gaurav Garg, Research Analyst Lemonn Markets Desk 

The Indian stock market ended on a positive note today, with the Nifty 50 closing at 24340.95, up 308.15 points or 1.28%. The session was characterized by a  bullish pennant  pattern as the index opened at 24183.50, reached a high of 24356.5, and touched a low of 23997.9 The BSE Sensex also climbed, finishing the day at 77,995.35, reflecting a gain of 977.56 points or 1.26%.

Sector-wise, the market remained broadly positive with Realty leading the gains, followed by strong buying in Metals, Midcap, Healthcare, and Pharma, reflecting improved market sentiment. Financial Services, FMCG, and Auto also contributed to the upside with steady gains. Meanwhile, IT stocks stayed under pressure, along with slight weakness in Media, PSU Banks, and Private Banks due to mild profit booking and cautious undertone. Overall, the sectoral trend stayed positive with selective weakness across a few segments.

The Indian stock market ended on a positive note today after a volatile trading session, where indices opened with a gap-up amid supportive global cues but witnessed early selling pressure, leading to a decline in the morning trade. However, the market recovered sharply from lower levels as buying interest picked up, supported by improving global sentiment on expectations of a possible US-Iran peace deal, which helped ease concerns over crude oil prices. Overall, the strong rebound from intraday lows reflects underlying strength in the market, with a cautiously optimistic near-term outlook.

Disclaimer: Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors

AI models answer queries based on data. But stock markets are volatile. Experts say: ChatGPT is good for reseach, but overdependence isn't good. Read full report here

Anand Habitat has announced the launch of Capitol City Centre, a new mixed-use development in Sahibabad, marking a significant step in its strategy to build connectivity-driven, future-ready urban destinations across NCR. The three main features of Capitol City Centre include connectivity, investment advantage, and amenities. The project rises under a strong public-private partnership to develop a world-class infrastructure and public asset. The launch of the project was graced by Mr. Daya Shankar Singh -Minister of Transport (Independent Charge) in the Uttar Pradesh government.

Located along a high-growth corridor with strong road and metro connectivity, Capitol City Centre is envisioned as an integrated urban hub combining commercial, retail, and lifestyle spaces. The location with bus transit, metro, and a railway station within a 1km radius has long awaited urban transformation. The project is designed to cater to the evolving needs of modern consumers, businesses, and investors seeking accessibility, convenience, and long-term value within a single ecosystem. The prominent amenities will include high-street retail shops, luxury studio living, food court, banquet halls, etc.

As of 1:00 PM, the Nifty50 was trading 9.45 points or 0.04 per cent down at 24,014.45, and the Sensex was trading 177.82 points or 0.23 per cent down at 76,846.72. 

Gold, Silver Price Today: Spot silver prices jumped sharply, outperforming many other commodities. Gold prices also shot up. Read full report here

Delhi's EV Policy 2.0: The policy points in the right direction, but the reliability of charger deployment will decide whether targets are met. Read full report here

BTC moved from around $79.8K to highs near $81.7K before facing some resistance. Oil slipping below $100 after Trump paused Project Freedom through the Strait of Hormuz has eased part of the geopolitical pressure, helping BTC hold near the $81K level. Options markets also remain constructive, with bullish skew indicating that traders are still leaning toward upside exposure. In the near term, the $80K zone remains the key level to watch, as holding above it could support stabilization and keep BTC's broader recovery structure intact.

Iran's Islamic Revolutionary Guard Corps (IRGC) Navy has warned all vessels intending to transit the Strait of Hormuz to strictly follow routes designated by Tehran

The dollar eased against most major currencies on Wednesday after the US signalled it was nearing a deal with Iran

Aadhar Housing Finance Ltd, announced its audited financial results for the quarter and full year ended March 31, 2026. 

Rajesh Palviya, Head of Research, Axis Direct

On Tuesday, the Nifty declined by 86 points to close at 24,032.80. During the session, it briefly touched 23,882 before a late recovery helped defend the 24,000 level. Meanwhile, Wall Street reached new highs overnight, with the S&P 500 and Nasdaq rising 0.81% and 1.03%, supported by strong tech earnings and softer crude prices. Japanese stocks are resuming trading after Golden Week, while regional markets follow the positive US trend. Brent crude has fallen to around $110 per barrel, gold is near $4,570 an ounce, silver around $72.6, and copper remains at $5.85 per pound. The GIFT Nifty is at 24,300, indicating a positive start of approximately 200 points aligned with global cues. Technically, the market sentiment is cautiously bullish, but a sustained daily close above 24,250 is needed to extend the rally towards 24350-24450. If 23,900 is not held, the index could test the 23,800-23,700 zone.

At the close on Tuesday (May 5), the total market cap of all BSE Sensex companies stood at Rs 4,66,81,452.