Sensex, Nifty Trade Mixed; IT Stocks Shine While FMCG and Banks Weigh on Markets

Indian benchmark indices traded in a mixed range during late-morning deals on Monday. While strong buying interest in information technology stocks, backed by encouraging global market signals, supported sentiment, weakness in FMCG, banking, and realty counters capped overall gains. The Nifty IT Index surged 3.5%, emerging as the top-performing sector, followed by the Media Index, which advanced 2.5%. In contrast, the FMCG Index slipped nearly 1%, exerting pressure on the broader market. Among the notable gainers on the Nifty were $INFY s, $TECHM a, $TCS , $COALINDIA , and $INDIGO , driven by sector-specific momentum and investor optimism. On the downside, $MAXHEALTH , $NESTLEIND lé India, $HINDUNILVR r (HUL), $BAJFINANCE ce, and $KOTAKBANK witnessed selling pressure. In the broader market, the Nifty Midcap Index declined 0.6%, reflecting profit booking in select mid-sized companies, while the Nifty Smallcap Index traded marginally higher, indicating resilience in the small-cap segment. Overall, market participants remained focused on global developments, sector rotation, and institutional activity as trading progressed through the session. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.