Stock Market Today: Sensex Jumps 383 Points To 77,301, Nifty Reclaims 23,950 As Dalal Street Stages Afternoon Recovery

Mumbai experienced a significant rebound in Indian equity markets on Wednesday, November 4, 2026, as major indices Sensex and Nifty 50 demonstrated renewed strength following a volatile trading session. The BSE Sensex index closed the day higher at 77,301.40, marking a gain of 383.55 points, or 0.50 percent, from its previous level. Meanwhile, the NSE Nifty 50 index rose to 23,960.60, up 149.75 points, or 0.63 percent, from its prior closing value.

The benchmark Sensex opened the day at 76,853.11, below its prior close of 76,917.85, indicating early selling pressure. However, the index managed to recover halfway through the morning session, touching a low of 76,604.85 before experiencing a strong rebound. Buying interest intensified during the afternoon, propelling the index back above the 77,000 mark, where it settled near 77,300 in the most recent data.

Similarly, the broader Nifty 50 index opened at 23,742.25, against its prior closing level of 23,810.85, showing initial resistance. The index initially advanced towards the 23,950 mark but subsequently faced selling pressure, with intraday lows reaching 23,696.15. However, buying returned in the afternoon, driving the index up to its peak value of 23,960.60.

Remarkably, both indices not only recovered from their respective session lows but also closed the trading session above their previous closing levels, suggesting a sustained bullish momentum. The Sensex recovered approximately 697 points from its lowest point of the day, while the Nifty rebounded around 264 points. As the market analyzed the implications of the recovery, key levels emerged on the horizon for both indices.

For the Sensex, the psychological barrier of 77,400 loomed ahead, while the 77,000 level represented a significant milestone. For Nifty 50, the next psychological resistance was identified at the 24,000 mark, with 23,800 emerging as an important reference point.

Market participants will now closely monitor whether the afternoon recovery maintains its momentum into subsequent trading sessions.