📊 NIFTY IT Leads the Charge, FMCG Lags in Morning Trade

Market Update | 11:45 AM | July 10, 2026 Indian equity markets remained firmly in positive territory by 11:45 AM, with both NIFTY and BANK NIFTY advancing over 1%. Market sentiment was supported by broad-based buying across key sectors. However, BANK NIFTY is currently testing the important psychological resistance level of 58,000, making it a crucial zone to watch for further directional cues. Among sectoral indices, NIFTY IT emerged as the top performer, led by strong gains in

, which crossed ₹11,500 and registered a fresh 52-week high. In contrast, NIFTY FMCG lagged the broader market, with Marico declining more than 1%, making it the weakest stock within the FMCG pack during the session. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.