The Indian stock market opened on a positive note today with the Sensex rising over 100 points and the Nifty trading above 24,550. Market sentiment remained cautious but steady, supported by selective buying in financials and FMCG counters.
Top Gainers and Losers
On the Nifty index, Shriram Finance, Kotak Mahindra Bank, Trent, ITC, and Jio Financial emerged as the leading gainers, providing strength to the market.
However, not all sectors participated in the rally. Apollo Hospitals, Titan Company, L&T, and ICICI Bank were among the top losers, capping the upside for the benchmarks.
Also Read: Government Prepares Groundwork for PLI 2.0
Sectoral Performance
The FMCG index rose 0.5%, supported by demand in defensive stocks like ITC.
The auto index slipped 0.3%, reflecting mild profit booking.
BSE Midcap and Smallcap indices traded flat, showing limited participation from broader markets.
Investors are closely tracking sectoral moves as stock-specific action continues to drive market momentum.
Market Outlook
With financials and FMCG leading gains, the market has managed to hold above key support levels. However, pressure from auto and select heavyweights like L&T and ICICI Bank is keeping overall gains in check.
The near-term direction will depend on institutional flows and sector-specific trends, as traders eye stability around the 24,550 mark on the Nifty.
✅ Key Highlights:
