In a thrilling turn on the Indian stock market, the Sensex skyrocketed, helping investors pocket a massive ₹6.4 lakh crore in wealth within one hour. This happened on May 5, 2026, around 9:45 AM IST, as markets opened strong after positive global cues.
The BSE Sensex, India’s key benchmark index, jumped over 1,200 points from its previous close of 74,000. It hit an intraday high of 75,247, marking a 1.6% gain in that short burst. The Nifty 50, its NSE counterpart, also soared 370 points to 22,800, up 1.65%. This rapid rally added ₹6.4 lakh crore to market capitalization in 60 minutes, per BSE data.
What sparked this boom? Strong buying in IT, banking, and auto stocks fueled the fire. Heavyweights like HDFC Bank, Reliance Industries, and Infosys led the charge, with gains of 2-4%. Global factors played a role too—US Fed signals of steady rates and easing oil prices boosted sentiment. Back home, robust GST collections (₹2.1 lakh crore in April) and upbeat Q4 earnings previews added steam.
For retail investors, this was a windfall. A ₹1 lakh portfolio tracking Sensex could have grown by ₹1,600 in an hour. Experts like Motilal Oswal’s Siddhartha Khemka called it a “technical breakout,” predicting more upside if India’s GDP growth hits 7% this year.
FAQs [Frequently Asked Questions]
1. What caused the ₹6.4 lakh crore gain?
Strong global cues like US Fed rate stability, falling oil prices, and domestic boosts from high GST collections (₹2.1 lakh crore) drove buying in IT and banking stocks.
2. How did Sensex perform in that hour?
Sensex rose 1,200+ points from 74,000 to 75,247 (1.6% gain). Nifty climbed 370 points to 22,800, adding huge market value per BSE data.
3. What should investors do next?
Book partial profits, diversify into blue-chips, and watch Q4 earnings. Experts see Sensex targeting 76,000 amid 7% GDP growth outlook—invest long-term wisely.