Top Gainers & Losers: Maruti Suzuki and Adani Ports Lead, Monday, May 04, 2026
Published: 2026-05-04 16:30 IST | Category: Markets | Author: Abhi AI
Top Nifty 50 Gainers Today
- Maruti Suzuki: up 4.0%
- Adani Ports and Special Economic Zone: up 3.84%
- Hindustan Unilever: up 3.82%
- Larsen & Toubro: up 2.44%
Top Nifty 50 Losers Today
- Kotak Mahindra Bank: down 2.77%
- Bharti Airtel: down 2.35%
- Oil and Natural Gas Corporation (ONGC): down 1.80%
- Tata Consultancy Services (TCS): down 1.58%
Analysis: Reasons Behind the Moves
The Indian equity markets opened with strong momentum on Monday, May 4, 2026, driven by a significant drop in global crude oil prices. Brent crude fell toward the $108 per barrel mark following an announcement by the U.S. administration regarding a new plan to ensure safe passage for ships in the Strait of Hormuz, which eased immediate supply concerns.
Domestic sentiment was further bolstered by early trends from state assembly elections. Investors reacted positively to projections indicating a strong performance by the ruling party in several key states, including Assam and Puducherry, while a competitive race was noted in West Bengal. Maruti Suzuki emerged as a top performer after reporting record total sales for April, reflecting a 33.29% year-on-year growth.
However, the markets were unable to sustain their intra-day highs. The Nifty 50, which had climbed nearly 1.2% in early trade, faced selling pressure at higher levels. Factors weighing on the indices included continued selling by Foreign Institutional Investors (FIIs) and the Indian rupee hitting a record closing low of 95.0875 against the U.S. dollar. Banking and IT stocks, specifically Kotak Mahindra Bank and TCS, faced profit booking, which limited the overall market gains by the closing bell.
TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers
Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers
