FMCG, realty and PSU banks boost Indian benchmarks

Sectoral performance on Wednesday favored consumer staples, property and public‑sector banks. The Nifty FMCG index rose 1.63%, while Nifty Realty gained 0.99% and Nifty PSU Bank advanced 1.44%.

The upbeat movement reflected strong earnings reports and expectations of continued credit flow to the housing segment. Investors also noted that lower oil prices improve disposable income, further supporting FMCG demand.

These sectors helped offset weakness in pharma, healthcare and especially the IT segment, which fell the most during the session.