Sensex up 100 pts, Nifty50 above 18,700; FMCG index rises 1%

Domestic equity markets opened flat in Monday’s trade, tracking mixed global cues.

The benchmark indices, the S&P BSE Sensex gained marginally to trade around 63,018 levels, while the 50-packed index ticked above 18,650 levels.

Dismal sentiments reflected across broader markets as well, with Nifty Midcap 100, and Nifty Smallcap 100 indices declining up to 0.3 per cent. Volatility gauge, India VIX, meanwhile, climbed 5 per cent.

Sectorally, Nifty FMCG, Nifty Bank, and Nifty Auto indices rose up to 0.5 per cent. On the flipside, Nifty Media, Nifty Metal indices skid up to 0.4 per cent.

Individually, shares of IPCA Labs declined 2 per cent after the company received 8 observations from the US health regulator for Pithampur unit.

Besides, shares of ICICI Securities surged 7 per cent as private lender ICICI Bank will mull delisting of brokerage firm’s shares.