Nifty, Sensex looking for Triggers, Broader Market Strong – Monday Market Report
Moneylife Digital Team 04 May 2026
On Monday, 2,470 stocks advanced, 1,778 declined and 245 remained unchanged on National Stock Exchange with advance decline ratio of 1.39 indicating a positive closing. The trend of the major indices on Monday’s trading is given in the table below.  
 
 
On NSE, 153 securities advanced and closed at a new 52-week high whereas 26 securities sank to close at their new 52-week lows. In sectoral indices, Nifty IT, Nifty Media and Nifty PSU banks were among the biggest losers. Nifty Metal, Nifty Pharma and Nifty Infrastructure were among the biggest gainers.
 
Ceigall India (+1.02%) JV won a ₹918.04 crore Jaipur Metro Phase‑II contract for a 10.8 km viaduct and 10 stations, to be executed in 34 months, reinforcing its urban transport footprint. Dr. Lal Pathlabs (+15.08%) completed the acquisition of Shahbazkers Diagnostic Centre Pvt. Ltd. (SDCPL), on 1 May 2026, making it a wholly owned subsidiary, reinforcing its diagnostic services portfolio.
 
Alkem’s (-0.73%) Amaliya facility was issued a Form 483 with seven observations by the USFDA, requiring corrective actions to sustain US compliance and market access.
 
NCLAT upheld Adani’s ₹14,535 crore resolution plan for Jaypee Associates Ltd. (JAL), rejecting Vedanta’s challenge, and clearing the way for Adani to take control of the stressed asset. 
 
R R Kabel (+13.00%) posted Q4 FY26 revenue of ₹2,964 crore (+33.6% y‑o‑y) and PAT of ₹168 crore (+30.2% y‑o‑y), underscoring strong demand momentum and operational strength. 
 
IndiaMART Intermesh (-0.43%) reported Q4 FY26 revenue of ₹404.3 crore (+13.9% y‑o‑y), but PAT fell 72.2% y‑o‑y to ₹50.2 crore, highlighting strong demand but significant profitability strain.
 
CDSL (-2.65%) posted a mixed Q4 FY26 Revenue: ₹262.85 crore, up 17.1% y o y (₹224.49 crore last year), reflecting sustained traction in capital markets. Net Profit: ₹80.22 crore, down 20% y o y (₹100.31 crore), highlighting bottom line pressure despite growth in operations.
 
APL Apollo Tubes (-1.68%) Q4 FY26 revenue rose 13.8% y‑o‑y to ₹6,269.16 crore, while PAT climbed 20.9% y‑o‑y to ₹354.35 crore, reflecting steady topline expansion and stronger earnings momentum. 
 
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
 
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