Today Stock Market : Sensex surges 600 points, Nifty hovers near 23,400; FMCG and banking stocks lead the rally.

Indian benchmark indices are trading firmly in positive territory, with the Nifty hovering around 23,310, driven by robust buying interest in FMCG and banking counters. Key gainers on the Nifty include $HINDUNILVR , Nestlé India, $ICICIBANK , $KOTAKBANK , and $JSWSTEEL . On the downside, $HINDALCO , $INFY , $TATASTEEL , $COALINDIA , and $ULTRACEMCO are among the top laggards. Meanwhile, the Nifty Midcap and Smallcap indices have slipped nearly 0.5% each. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.