Stock Market Today: Sensex and Nifty Rebound Sharply as FMCG and Auto Stocks Lead, IT Lags

Stock market today staged a firm rebound after two sessions of losses, with the Sensex climbing 441.71 points to 76,920.38 and the Nifty 50 adding 136 points to reclaim the 24,000 mark, as broad based buying in consumption and auto stocks offset continued weakness in information technology and pharma counters.

The recovery in stock market today comes on the back of easing volatility, with the India VIX slipping to 13.51, and follows a session on Tuesday when both benchmark indices had declined for a second straight day, dragged lower primarily by heavyweight IT names.

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Sector Performance Driving Stock Market Today

FMCG emerged as the standout sector in stock market today, with the Nifty FMCG index surging 1.78 percent as Hindustan Unilever jumped 2.48 percent and ITC gained just over 1 percent. The Nifty Auto index followed closely with a 1.17 percent gain, led by Mahindra and Mahindra’s strong June sales print and continued momentum in Maruti Suzuki following a fresh brokerage upgrade.

Banking stocks also contributed meaningfully to stock market today’s advance, with the Nifty PSU Bank index up 0.78 percent and Axis Bank rising 1.47 percent to lead private lenders higher. On the other side of the ledger, the Nifty IT index slipped 0.41 percent, the Nifty Pharma index fell 0.53 percent, and the Nifty Metal index declined 0.49 percent, keeping a lid on how broad the overall rally could run.

Key Movers in Stock Market Today

Stock	Change	Sector
Reliance Industries	+1.13%	Energy/Conglomerate
Titan Company	+1.23%	Consumer Durables
State Bank of India	+0.84%	Banking
Sun Pharma	+0.63%	Pharma
Larsen and Toubro	-0.61%	Capital Goods

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Among large caps, TCS managed a marginal gain even as the broader IT pack stayed under pressure, underscoring how stock specific factors continued to matter within an otherwise weak sector for stock market today.

Global Cues Shaping Stock Market Today

Brent crude has held in the low 70s per barrel, a level that continues to support auto, aviation and oil marketing stocks after the earlier easing of Middle East tensions, while the rupee has traded near the mid 94s against the dollar after a sharp recovery from its record low touched in late May. These global cues have combined to keep sentiment constructive for stock market today, even as US markets stay focused on Federal Reserve rate hike expectations following strong American jobs data.

Quick take: stock market today reflects a rotation into domestic consumption and rate sensitive names even as export oriented IT stocks continue to struggle with a separate set of AI disruption concerns.

What to Watch Next in Stock Market Today’s Trend

Traders will continue tracking the Nifty IT index for signs of stabilisation, along with incoming June auto and monthly business updates from other index heavyweights, as the next set of near term triggers for stock market today. Broader participation from mid and small cap stocks, which have also advanced today, will be another factor worth monitoring for confirmation of a durable trend shift.

These are the themes most likely to shape stock market today’s direction into the coming sessions.

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Conclusion

Stock market today delivered a broad based rebound led by FMCG and auto stocks, with banking names also contributing meaningfully even as IT, pharma and metal stocks continued to lag. With volatility easing and global cues like crude oil and the rupee staying supportive, the sustainability of today’s rally will likely hinge on whether the laggard sectors, particularly IT, can find a floor in the sessions ahead. This article is for educational purposes and is not investment advice; consult a SEBI-registered investment adviser before making any investment decision.

FAQs on Stock Market Today

1. How did the Sensex and Nifty perform in stock market today?

Ans. The Sensex gained 441.71 points to 76,920.38 and the Nifty 50 rose 136 points to reclaim 24,000, rebounding after two consecutive sessions of losses.

2. Which sectors led stock market today?

Ans. Nifty FMCG led with a 1.78 percent gain, followed by Nifty Auto up 1.17 percent, while Nifty IT, Nifty Pharma and Nifty Metal all declined and weighed on the broader rally.

3. Which stocks gained the most in stock market today?

Ans. Hindustan Unilever, Axis Bank, Titan Company and Reliance Industries were among the notable gainers, while Larsen and Toubro was among the key laggards.

4. What is the India VIX level in stock market today?

Ans. The India VIX eased to 13.51, indicating lower expected volatility compared with the previous session.

5. What global cues are influencing stock market today?

Ans. Brent crude holding in the low 70s per barrel and a stronger rupee near the mid 94s against the dollar have supported sentiment, even as US markets stay focused on Federal Reserve rate hike expectations.

6. Why did IT stocks underperform in stock market today?

Ans. IT stocks remained under pressure from concerns over AI led disruption to the sector’s billing model and weak forward guidance from global peer Accenture issued in mid June 2026.