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 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.
Stay Tuned For Live Updates Of Stock Market And Assembly Election Results Today At GoodReturns.
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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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