Benchmark BSE Sensex rebounded by 362 points on Friday (September 4, 2026), cutting short its four-day losing streak on buying in metal, private banking and oil and gas shares amid gains in global stock markets.
The 30-share BSE Sensex climbed 362.57 points, or 0.48%, to settle at 76,515.43, with 20 of its constituents ending higher and 10 with losses. The barometer surged as much as 730.28 points, or 0.95%, during the day to hit an intraday high of 76,883.14.
The broader NSE Nifty, however, saw a modest rise of 24.25 points, or 0.10%, to end at 23,897.70. The index traded higher for most of the session and breached the 24,000 level to hit a high of 24,005.75 intraday, up by 132 points. However, it pared gains in the newly introduced Closing Auction Session, settling with modest gains.
Among the Sensex constituents, Tata Steel, Reliance Industries, Bajaj Finance, Trent, Adani Ports, HDFC Bank, Kotak Mahindra Bank, UltraTech Cement, Titan, Mahindra & Mahindra and Hindustan Unilever were the major gainers.
Bharti Airtel, HCL Technologies, Eternal, Asian Paints, Tata Consultancy Services, Tech Mahindra, Sun Pharmaceuticals, ICICI Bank, Bharat Electronics Ltd and Maruti Suzuki India were among the laggards.
"Indian equities witnessed a relief rally as concerns over an imminent U.S. Fed rate hike eased. However, gains remained capped due to profit booking at higher levels and persistent geopolitical tensions in West Asia," said Vinod Nair, Head of Research at Geojit Investments Ltd.
On the domestic front, stock- and sector-specific buying remained evident across the broader market, with small-cap indices touching fresh intraday lifetime highs, he said.
"Strong earnings momentum, resilient economic growth, and robust domestic demand continue to underpin investor confidence in the broader market," Mr. Nair added.
In Asian markets, Hong Kong's Hang Seng rose 1.74%, South Korea's KOSPI advanced 1.64%, and Japan's Nikkei 225 settled 1.28% higher. Shanghai's SSE Composite index ended 0.30% lower.
Markets in Europe were largely trading flat. U.S. stock markets ended over 1% higher on Thursday (September 3).
Brent crude, the global oil benchmark, fell 0.40% to %95.14 per barrel.
Foreign Institutional Investors offloaded equities worth ₹2,345.87 crore on Thursday (September 3). Domestic Institutional Investors, however, remained net buyers, purchasing equities worth ₹4,977.46 crore, according to exchange data.
On Thursday (September 3), the 30-share BSE Sensex dropped 417.49 points to close at 76,152.86, while the 50-share NSE Nifty slipped 41 points to settle at 23,873.45, extending their losing streak to a fourth consecutive session.