Banking and FMCG Push Indian Markets to Strong Intraday Rebound

Nifty reclaimed 25,900 and Sensex jumped over 450 points as banking, FMCG, and pharma stocks drove a strong intraday recovery despite volatile global market sentiment.

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Banking and FMCG Push Indian Markets to Strong Intraday Rebound

Banking and FMCG Push Indian Markets to Strong Intraday Rebound
Indian benchmarks staged a sharp intraday rebound as the Nifty 50 moved back above 25,900 and the Sensex gained more than 450 points. Banking, FMCG, and large-cap pharma led the recovery after early volatility triggered by weak global cues. Market participants said sustained domestic inflows and stability in the India VIX supported risk appetite. 
While global uncertainties persist, rotational buying across defensives and financials helped offset selling pressure in metals and IT stocks. Analysts expect tight ranges until major macro data is released.