Stock Market Today: Sensex and Nifty Open Higher, FMCG Stocks Lead Gains

The Indian stock market started the week on a positive note, with key indices trading in the green early on.

• Morning Performance:
  • At 9:21 AM, the BSE Sensex was above 74,400, gaining over 70 points.
  • The NSE Nifty50 traded at 22,568.85, up by just 16 points.
  • As the session progressed, the market picked up momentum. By 9:58 AM, the Sensex surged over 400 points, crossing 74,700, while the Nifty rose above 22,650, gaining over 100 points.

Top Gainers & Losers

• Gainers: PowerGrid, Hindustan Unilever (HUL), Adani Ports, Bajaj Finserv, and Bajaj Finance led the rally.
• Losers: IndusInd Bank, Zomato, L&T, Titan, and M&M saw declines.

Sectoral Performance

• The FMCG sector led the gains, rising 0.89%.
• The Consumer Durables sector was the worst performer, slipping 0.27%.

Broader Market Trends

• The Nifty Microcap 250 index fell 0.75%.
• Meanwhile, the Nifty50 and Nifty100 gained 0.45% and 0.42%, respectively.

Overall, the markets opened strong and continued their upward trend as the session progressed.