Market Wrap: Nifty and Sensex Close Higher with Mixed Sectoral Performance

1 min read     Updated on 04 May 2026, 03:31 PM
scanx
Reviewed by
Shraddha JScanX News Team
AI Summary

Indian equity markets ended positively with Nifty 50 gaining 0.52% to close at 23,997.55 and Sensex up 0.51% at 76,913.50. Market breadth remained healthy with 2,776 stocks advancing against 1,906 declining out of 4,682 traded scrips. Engineering Services led sectoral gains with a remarkable 7.92% surge, followed by Cables (+5.96%) and Capital Goods-Electrical Equipment (+4.39%). However, Energy sector faced severe selling pressure, declining 17.97%, while Financial Services also dropped 7.51%. The session reflected selective buying in infrastructure and capital goods themes amid mixed sectoral performance.

powered bylight_fuzz_icon
39434488

*this image is generated using AI for illustrative purposes only.

Market Overview

Indian equity markets ended the trading session on a positive note, with both benchmark indices posting modest gains. The Nifty 50 closed at 23,997.55, gaining 125.35 points or 0.52% from the previous session. Similarly, the BSE Sensex finished at 76,913.50, up 390.84 points or 0.51%.

Market Breadth

Market participation remained healthy with a total of 4,682 scrips traded during the session. The breadth favored buyers, with 2,776 stocks closing in positive territory while 1,906 stocks ended lower.

Market Breadth Count
Total Scrips Traded 4,682
Positive Scrips 2,776
Negative Scrips 1,906

Sectoral Performance

The session witnessed divergent sectoral trends, with engineering and infrastructure-related sectors leading the gains while energy and financial services faced selling pressure.

Top Performing Sectors

Sector Average % Change
Engineering Services +7.92%
Cables +5.96%
Capital Goods - Electrical Equipment +4.39%
Services +3.82%

Top Losing Sectors

Sector Average % Change
Energy -17.97%
Commercial Services -13.03%
Leisure Services -9.49%
Forest Materials -8.45%
Financial Services -7.51%

The Energy sector faced the steepest decline with an average drop of 17.97%, while Engineering Services emerged as the standout performer with gains of 7.92%.

Conclusion

The trading session concluded with benchmark indices posting steady gains, supported by positive market breadth. While engineering and infrastructure-related sectors drove the upward momentum, energy and financial services sectors faced headwinds. The mixed sectoral performance reflects selective buying interest among investors, with market participants showing preference for infrastructure and capital goods themes.

like17
dislike