Archive · 4 Sep 2026
Sensex Jumps Over 500 Points as IT Stocks Lead Gains
Indian stock markets started Friday higher.
The Sensex climbed by more than 500 points.
The Nifty also moved above 23,900.
Technology companies were among the biggest winners.
A measure called India VIX fell, suggesting investors were somewhat less worried about sudden market swings.
Some sectors, including auto and consumer goods, went down.
Strong tax collections, car sales and lending growth are helping support the economy.
Private investment also rose sharply in the first quarter of the financial year.
However, higher interest rates and bond yields around the world could make investors cautious and keep markets unpredictable.
The Sensex rose 512.12 points, or 0.67%, to 76,664.98 at 9:20 am on September 4, 2026.
The Nifty gained 53.15 points, or 0.22%, to trade at 23,926.60, above 23,900.
India VIX fell 3.10% to 10.99, indicating reduced market volatility.
The Nifty IT index led sectoral gains with a 1.10% rise, while consumer durables, auto and FMCG stocks declined.
Analysts cited strong domestic indicators and higher private investment as supports, but warned that rising global bond yields could pressure equities.
- Who
- Indian equity markets, including the Sensex and Nifty, along with investors and analysts.
- What
- The Sensex and Nifty opened higher, led by IT stocks, while market volatility declined.
- When
- Friday, September 4, 2026; figures were reported at 9:20 am.
- Where
- Indian stock markets.
- Why
- Gains were supported by strong domestic economic indicators and rising private investment, although higher global bond yields remained a risk.
Market Supports
Market Risks
Economic outlook
Market Supports
Strong GST collections, automobile sales, credit growth and a reported 97% annual rise in private investment in the first quarter of FY27 could support economic growth.
Market Risks
Rising global bond yields could make fixed-income investments more attractive and encourage capital outflows from emerging markets.
Near-term market direction
Market Supports
Positive domestic indicators and lower volatility provided support for the market's higher opening.
Market Risks
Competing macroeconomic signals, higher yields, oil prices and possible currency weakness could keep equities volatile.
- Sensex
- 76,664.98, up 512.12 points or 0.67% at 9:20 am.
- Nifty
- 23,926.60, up 53.15 points or 0.22%.
- India VIX
- 10.99, down 3.10%.
- Top sector
- The Nifty IT index gained 1.10%.
- Broader markets
- The Nifty Smallcap 100 and Nifty Microcap 250 each rose 0.45%.
- Declining sectors
- Consumer durables, auto and FMCG indices traded lower.
- Global yield risks
- The US 10-year yield was around 4.8%, Japan's 10-year yield around 3%, and India's 10-year yield close to 7%.