May 04, 2026 : Indian stock markets bounced back strongly on Monday as buying returned across banking and IT Stocks.

Author:  Aadarsh Patel | EQMint

The Sensex and Nifty opened on a positive note and extended gains through the session, reflecting improved investor confidence after recent volatility.

Banking and IT stocks

banking and IT Stocks once again led the market rally. Strong movement in heavyweight financial counters helped lift overall sentiment on Dalal Street.

banking and IT Stocks also witnessed fresh buying interest as investors looked at beaten-down technology shares after recent corrections.

Broader market sentiment improved significantly during the day, with several sectors trading firmly in the green.

Traders closely tracked global cues, crude oil prices and foreign investor activity as markets attempted to regain momentum.

The rally also comes at a time when investors are looking for stability ahead of key earnings announcements and macroeconomic triggers this week.

Despite the recovery, analysts believe volatility could remain elevated in the near term due to global uncertainty and profit-booking pressure at higher levels.

Market participants will now watch whether the momentum sustains over the next few sessions or faces resistance near important technical levels.

For now, however, bulls appear to have regained short-term control on Dalal Street.

For more such information visit EQMint

Join our Whatsapp channel for timely updates: Whatsapp

Disclaimer:  This article is not an investment advice and is for educational purpose only