The Indian stock market will react to the assembly election results of four states and one union territory. These states are Assam, Kerala, Tamil Nadu and West Bengal, while the UT is Puducherry. The counting of the poll results will begin in the early hours of May 4, 2026. Majority are predicting the ruling party to retain powers in selective states, while a neck-and-neck contest is expected in West Bengal, Assam and Tamil Nadu. In the early trade session, Sensex and Nifty jumped by more than 1%.
In the early hours of May 4, Gift Nifty traded around 24,208.50.
In April month, Sensex witnessed a whopping 3,779.18 points or 5.2% jump, while Nifty 50 closed the month on strong bullish note with 1,318.15 points or 5.81%. Currently, both Sensex and Nifty are at 76,913.50 and 23,997.55 respectively.
The current exit poll suggests that BJP could retain power in Assam and Puducherry. However, the United Democratic Front (UDF) which is an alliance led by the Indian National Congress party, could win Kerala elections. Further, DMK is expected to retain its position in Tamil Nadu. But a close contest between BJP and Mamta Banerjee's All India Trinamool Congress ( AITC ) is expected in West Bengal.
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May 04, 2026, 3:42 pm IST
Stock Market Live Updates: Sensex, Nifty Retreats From Their Early Gains In Closing Bell
Sensex and Nifty retreated from their early 1% gains. At the closing bell, Sensex ended at 77,269.40, higher by 355.90 points or 0.46%. Meanwhile, Nifty 50 finished at 24,119.30, up by 121.75 points or 0.51%. In the trading session, Nifty gained at least by 292 points to near 24,300 levels before correcting.
May 04, 2026, 3:39 pm IST
West Bengal Election 2026 Live Updates: What Will Bengal Get Under BJP?
Union Minister, Ashwini Vaishnaw said, "First, bullet training we'll take to Siliguri. That's the first big project we'll take from Patna to Siliguri. Second, Kolkata Metro, we will now complete it. The TMC government went all the way to Supreme Court to stop the project. Third, there are about 80 plus projects still pending in this state because the state government said no to those projects. Now we'll be able to start many of those projects."
May 04, 2026, 3:35 pm IST
West Bengal Election Results Live Updates: BJP To Write History In Bengal As Mamata Banerjee's Party Sees Biggest Defeat
Party
🟢 Won
🟡 Leading
🔵 Total
Bharatiya Janata Party (BJP)
2
194
196
All India Trinamool Congress (AITC)
1
90
91
Indian National Congress (INC)
0
2
2
Aam Janata Unnayan Party (AJUP)
0
2
2
Communist Party of India (Marxist) (CPI-M)
0
1
1
All India Secular Front (AISF)
0
1
1
— — —
—
—
—
🏆 Total
3
290
293
For the first time in West Bengal's history, the saffron colour will rule. BJP party led by Prime Minister Narendra Modi creates history with a big win. The saffron is leading the West Bengal with 194 seats. This is shocker to Mamata Banerjee's Trinamool Congress who is set to record its first defeat after 15 years. AITC is with 91 seats. The West Bengal election is for 294 assembly seats.
May 04, 2026, 1:39 pm IST
Stock Market Live Updates: BHEL Shares Climb After Q4
Bharat Heavy Electricals Limited (BHEL), on Monday, May 4, reported a net standalone profit of Rs 1283 crore in the fourth quarter of financial year 2025-26. BHEL also announced dividend for FY26. BHEL's q4 profit was driven by strong execution in the power segment. BHEL share price zoomed to nearly 8% in Monday's trading session after the Maharatna PSU announced its Q4FY26 result. BHEL share price was trading 6.9% higher on NSE at 12:57 pm at Rs 378 per share with a market capitalisation of Rs 1,31,151.92 crore (total).
May 04, 2026, 1:04 pm IST
Tamil Nadu Election 2026 Results Live: Why SUN TV Network Shares Crashed Today?
Amidst the assembly poll results, the share price of SUN TV Networks dropped by nearly 10% after the Tamil Nadu poll suggests victory of Vijay Thalapathy's Tamilaga Vettri Kazhagam (TVK). TVK has emerged as the strongest party in Tamil Nadu, outrunning MK Stalin Dravida Munnetra Kazhagam (DMK). Sun TV is part of Sun Group and led by Kalanithi Maran who is in close relations with DMK leaders.
May 04, 2026, 12:57 pm IST
Kerala Assembly Election Results Live Updates: Congress Emerges Strong In Kerala
Party
Won
Leading
Total
Indian National Congress - INC
0
63
63
Communist Party of India (Marxist) - CPI(M)
0
25
25
Indian Union Muslim League - IUML
0
23
23
Communist Party of India - CPI
0
9
9
Kerala Congress - KEC
0
7
7
Revolutionary Socialist Party - RSP
0
3
3
Bharatiya Janata Party - BJP
0
2
2
Rashtriya Janata Dal - RJD
0
1
1
Revolutionary Marxist Party of India - RMPOI
0
1
1
Kerala Congress (Jacob) - KEC(J)
0
1
1
Communist Marxist Party Kerala State Committee - CMPKSC
0
1
1
Independent - IND
0
4
4
Total
0
140
140
The Rahul Gandhi backed Indian National Congress - INC emerged strong in Kerala with 63 seats, followed by Communist Party of India (Marxist) - CPI(M) and Indian Union Muslim League - IUML party who are holding 25 seats and 23 seats respectively.
May 04, 2026, 11:57 am IST
Tamil Nadu Election 2026 Results Live Updates: Vijay's TVK Is Outrunning Stalin's DMK
Party
Won
Leading
Total
Tamilaga Vettri Kazhagam - TVK
0
108
108
All India Anna Dravida Munnetra Kazhagam - ADMK
0
63
63
Dravida Munnetra Kazhagam - DMK
0
41
41
Pattali Makkal Katchi - PMK
0
6
6
Indian National Congress - INC
0
5
5
Bharatiya Janata Party - BJP
0
3
3
Communist Party of India - CPI
0
2
2
Indian Union Muslim League - IUML
0
1
1
Viduthalai Chiruthaigal Katchi - VCK
0
1
1
Amma Makkal Munnettra Kazagam - AMMKMNKZ
0
1
1
Desiya Murpokku Dravida Kazhagam - DMDK
0
1
1
Communist Party of India (Marxist) - CPI(M)
0
1
1
Total
0
233
233
Actor Vijay's party, Tamilaga Vettri Kazhagam (TVK) has emerged strong in the 2026 poll of Tamil Nadu. TVK outruns MK Stalin's DMK with 108 seats as of now, while All India Anna Dravida Munnetra Kazhagam - ADMK is at second with 63 seats. Tamil Nadu's chief minister MK Stalin-backed DMK party is at third with 41 seats. Other parties like Indian National Congress - INC has 5 seats, Bharatiya Janata Party - BJP has 3 seats, Pattali Makkal Katchi - PMK has 6 seats, and Communist Party of India - CPI holds 2 seats as of now. Others have 1 seat each.
May 04, 2026, 11:08 am IST
Stock Market Live Updates: Nifty Losers
These stocks are top 5 losers of Nifty currently.
May 04, 2026, 11:07 am IST
Stock Market Live Updates: Nifty Top Gainers
These stocks are Nifty's top 5 gainers currently.
May 04, 2026, 11:07 am IST
Stock Market Live Updates: Nifty 50 Surges To Near 24,300
Nifty 50 climbed nearly 293 points to hit an intraday high of 24,290.20 mark as BJP party is leading Assam and West Bengal elections. At the time of writing, Nifty traded at 24,202.45, higher by 204.90 points or 0.85%.
May 04, 2026, 10:59 am IST
Stock Market Live Updates: Top Gainers & Losers Of Sensex
Stocks like Hindustan Unilever, Bajaj Auto, Maruti Suzuki, Shriram Finance and Larsen & Toubro are top gainers of Sensex. On the other hand, stocks like Kotak Bank, Bharti Airtel, TCS, Tech Mahindra, Infosys and ITC are in red.
May 04, 2026, 10:54 am IST
Stock Market Live Updates: Sensex Jumps 1%
Benchmark Sensex traded on a strong note. At the time of writing, Sensex traded at 77,687.17, higher by 768.89 points or 1%. This is near its intraday high of 77,910.75.
May 04, 2026, 10:54 am IST
Stock Market Live Updates: What Is Driving Market Today?
Indian equity markets have opened on a firm footing, supported by a combination of favourable global cues and optimism surrounding state election outcomes. However, underlying conditions remain volatile, with sentiment shaped by a mix of macroeconomic pressures and event-driven triggers. Election results across key states—including West Bengal, Tamil Nadu, Kerala, Assam and Puducherry—are being closely watched, as the outcomes could influence near-term political sentiment and policy expectations. Brent crude remains elevated above the 0 mark, with persistent Middle East tensions keeping energy markets volatile. Any signs of de-escalation could offer relief, while further escalation may continue to weigh on broader market sentiment: Ponmudi R, CEO of Enrich Money.
May 04, 2026, 10:21 am IST
West Bengal Election 2026 Results Live Updates: BJP Surprises With Strong Lead In Bengal
Party
Won
Leading
Total
Bharatiya Janata Party - BJP
0
48
48
All India Trinamool Congress - AITC
0
26
26
Bharatiya Gorkha Prajatantrik Morcha - BGPM
0
1
1
Aam Janata Unnayan party - AJUP
0
1
1
Total
0
76
76
Mamata Banerjee, the current CM of West Bengal, is facing an intense rivalry in 2026 election. Her party, All India Trinamool Congress - AITC, is currently at second position with 24 seats, while Bharatiya Janata Party (BJP) is on the top with 46 seats. The results could change as it is still counting.
May 04, 2026, 10:08 am IST
Assam Election Results Live Updates: Check Constituency Wise Results Of Assam Poll
In majority places, BJP is taking lead. Here's how the map looks like:
May 04, 2026, 10:06 am IST
Assam Election 2026 Results Live UPDATES: BJP Leads In Assam
Party
Won
Leading
Total
Bharatiya Janata Party - BJP
0
52
52
Indian National Congress - INC
0
15
15
Bodoland Peoples Front - BOPF
0
9
9
Asom Gana Parishad - AGP
0
6
6
Assam Jatiya Parishad - ASMJTYP
0
3
3
All India United Democratic Front - AIUDF
0
1
1
Total
0
86
86
As per the live poll counting at ECI, BJP is currently leading the Assam election with 52 seats, at the time of writing. Indian National Congress is following behind with 15 seats. Meanwhile Bodoland Peoples Front - BOPF has won 9 seats so far, followed by Asom Gana Parishad - AGP with 6 seats and Assam Jatiya Parishad - ASMJTYP party with 3 seats.
May 04, 2026, 9:27 am IST
Stock Market Live Update: All Sectors Trade in Green Led by Auto, FMCG and Realty
Sensex and Nifty moved higher in early trade, supported by strong buying across sectors. All major sectoral indices were in the green, with auto, FMCG, realty, power and telecom stocks gaining around 1% each.
May 04, 2026, 9:11 am IST
Stock Market Live Updates: Sensex Up 840 Points, Nifty Near 24,030 at Pre Opening
Stock market on Monday opened on a strong note in the pre-opening session, indicating positive market sentiment at the start of trade. The Sensex surged by 840.08 points, while the Nifty gained 31.15 points to trade around 24,028.70.
May 04, 2026, 9:00 am IST
Stock Market Live Update: Bank Nifty Likely to Consolidate Amid Q4 Earnings
"We expect the Bank Nifty to extend consolidation in the broad range of 54,500-57,500 amid stock specific action as we progress through the quarterly earning session of the banking stocks," stated Bajaj Broking.
May 04, 2026, 8:28 am IST
Stock Market Live Updates: Investor Sentiment Hinges on Exit Polls
"Markets are expected to react to the domestic political developments, as exit polls after the second phase of state elections are due later this evening. Investor sentiment will be influenced by these outcomes, while the final results next week are likely to add to market volatility on Monday," said Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd.
May 04, 2026, 7:37 am IST
Stock Market Live Updates: Gift Nifty Today Mildly Up
In the early trade, Gift Nifty is trading mildly higher by 32 points or 0.13% to 24,242 levels. The dayt's range is between 24,229 to 24,293. This indicates a cautiously green opening for Sensex and Nifty.
May 04, 2026, 7:36 am IST
Stock Market Live Updates: Sensex, Nifty April 2026 Performance
In April month, Sensex witnessed a whopping 3,779.18 points or 5.2% jump, while Nifty 50 closed the month on strong bullish note with 1,318.15 points or 5.81%. Currently, both Sensex and Nifty are at 76,913.50 and 23,997.55 respectively.
May 04, 2026, 7:36 am IST
Stock Market Live Updates: Key Factors To Drive Markets Today?
Markets to trade in a range, with election enthusiasm fading relatively quickly as attention reverts to (1) earnings delivery, (2) oil price trajectory and its implications for India's macro and (3) the government's willingness to undertake difficult but necessary policy adjustments on energy pricing.
May 04, 2026, 7:35 am IST
Stock Market Live Updates: How Indian Stock Market Will React To Elections 2026 Results?
"Exit poll results on assembly elections of four states (Assam, Keralam, Tamil Nadu and West Bengal) and one UT (Puducherry) suggest that incumbents are likely to retain their majority in two states and UT, while West Bengal will see a close contest. Markets may continue to debate more on oil versus macro-calculus, while giving a brief cheer for electoral stability," said Analysts at Kotak Institutional Equities in a note.
May 04, 2026, 7:35 am IST
Elections 2026 Live Updates: Voters Turnout During Election
As per the data, 92% voter turnout was seen in West Bengal, followed by 89.87% in Puducherry, 85.38% in Assam, 84.69% in Tamil Nadu and lastly Kerala who saw 79.63% voters turnout.
May 04, 2026, 7:35 am IST
Elections 2026 Live Updates: Date & Timing Of Assembly Election 2026 Results
The assembly elections of West Bengal, Assam, Tamil Nadu, Kerala and Puducherry will begin in the early hours of May 4, 2026. The voting for these states had been held in April. Assam, Kerala and Puducherry election voting took place on April 9, while West Bengal had a two-phase voting on April 23rd and April 29th. Lastly Tamil Nadu election was held on April 9.
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