Nifty Hits Fresh High, Sensex Soars 573 Pts; FMCG Lags

Business
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Moneycontrol•02-01-2026, 16:20
Nifty Hits Fresh High, Sensex Soars 573 Pts; FMCG Lags
- •Nifty achieved a fresh closing high, while Sensex surged by 573 points.
- •BSE midcap and smallcap indices both gained nearly 1%.
- •Coal India, NTPC, Hindalco, Trent, and Jio Financial were top Nifty gainers.
- •FMCG was the sole underperforming sector, down 1%, while others like auto, metal, power rose 1-2%.
- •ITC, Nestle, Axis Bank, Kotak Mahindra Bank, and Shriram Finance were among the top losers.
Why It Matters: Indian markets closed strong with Nifty at a new high, Sensex up, but FMCG lagged.
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