Sensex and Nifty News: Market Rallies as Investors Gain ₹4.5 Lakh Crore in a Day

Market Performance

On August 4, Indian benchmark indices made a strong comeback as Sensex rose by 419 points (0.52%) to 81,018.72, and Nifty 50 climbed 157 points (0.64%) to close at 24,722.75. The recovery helped break a two-day losing streak, aided by broad-based buying and positive global cues.

• BSE Midcap Index: Gained 1.11%
• BSE Smallcap Index: Rose 0.76%
• Market Capitalisation: Jumped from ₹444.5 lakh crore to nearly ₹449 lakh crore
• Investor Wealth Addition: Around ₹4.5 lakh crore in a single session

The Indian stock market benefited from a weaker US dollar and softer-than-expected US jobs data, which further supported buying momentum.

Main News

Broad Market Rally

Market sentiment improved sharply due to global factors including:

• US Dollar Index fell over 0.5%
• Indian Rupee appreciated by a similar margin
• Weaker US Nonfarm Payrolls Data: Only 73,000 jobs added in July vs forecast of 1,10,000

This contributed to speculation of a possible interest rate cut by the US Federal Reserve, prompting a surge in investor optimism.

India VIX Movement

• India VIX, the volatility index, declined nearly 1%, suggesting reduced market panic in the near term.

Company Details

Top Gainers (Nifty 50)

• Hero MotoCorp: +5.18%
• Tata Steel: +4.08%
• Adani Ports: +3.56%

Top Losers (Nifty 50)

• Power Grid Corporation: -1.12%
• HDFC Bank: -0.88%
• ONGC: -0.70%

Sectoral Performance

• Nifty Metal: +2.48%
• Nifty Realty: +1.77%
• Auto Sector: +1.61%
• IT Index: +1.60%
• Media Index: +1.51%
• Consumer Durables: +1.37%
• PSU Bank: +1.26%
• FMCG: -0.10% (Only sector to end in red due to profit booking)

Hero MotoCorp Update

• July Sales: 4.5 lakh units (+21% YoY)
• Motorcycle Sales: 4 lakh units (+18% YoY)
• Scooter Sales: 49,140 units (+64% YoY)

Tata Steel

• Stock surged on strong June quarter results

Most Active Stocks by Volume (NSE)

• Vodafone Idea: 41.32 crore shares
• Jayaswal Neco Industries: 13.14 crore shares
• PC Jeweller: 12.12 crore shares

High Movers on BSE

• 12 stocks jumped over 15%, including:
  • Hindustan Fluorocarbons
  • Neil Industries
  • Roadstar Infra Investment Trust
  • Abram Food
  • Sarda Energy & Minerals

Stocks at 52-Week Highs and Lows

• 52-Week Highs: 124 stocks including Bosch, HDFC AMC, TVS Motor
• 52-Week Lows: 125 stocks including TCS, Ramkrishna Forgings, IEX

Advance-Decline Ratio

• Total Traded (BSE): 4,307 stocks
  • Advances: 2,295
  • Declines: 1,834
  • Unchanged: 178

Summary

The Sensex and Nifty news on August 4 reflected a solid rebound across the broader markets. With a 400+ point surge in Sensex and strong gains across most sectors, the Indian equity market recaptured positive momentum. The rally was powered by favorable global signals, a weaker US dollar, and upbeat investor sentiment in auto, metal, and banking stocks.

Notably, investors saw a massive wealth addition of ₹4.5 lakh crore in a single trading session. The market breadth remained positive, with a majority of stocks advancing, marking a strong start to the week for Indian equities.