Sensex rebounds 362 points, snaps 4-day losses on strong rally in metal, oil shares
The BSE Sensex rebounded by 362 points on Friday, ending a four-day losing streak driven by gains in metal, oil, and banking sectors. Analysts attribute the recovery to easing concerns over U.S. Federal Reserve rate hikes and strong domestic economic momentum.
Why it matters
Market performance reflects investor sentiment regarding global monetary policy and domestic economic health.
Benchmark BSE Sensex rebounded by 362 points on Friday (September 4, 2026), cutting short its four-day losing streak on buying in metal, private banking and oil and gas shares amid gains in global stock markets.
The 30-share BSE Sensex climbed 362.57 points, or 0.48%, to settle at 76,515.43, with 20 of its constituents ending higher and 10 with losses. The barometer surged as much as 730.28 points, or 0.95%, during the day to hit an intraday high of 76,883.14.
The broader NSE Nifty, however, saw a modest rise of 24.25 points, or 0.10%, to end at 23,897.70. The index traded higher for most of the session and breached the 24,000 level to hit a high of 24,005.75 intraday, up by 132 points. However, it pared gains in the newly introduced Closing Auction Session, settling with modest gains.
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