Markets Firm; FMCG Gains; IMF Ups India Outlook

  Published 8 months ago

Equity indices traded higher with FMCG leading. IMF reaffirmed India as the fastest-growing major economy with upgraded forecasts.

  • Sensex rose 204 pts, Nifty crossed 24,850; Mid and Small-Cap indices also ended in green.
  • IMF pegs India’s GDP growth at 6.4% for 2025–26, global growth seen at 3.0–3.1%.
  • Redington dips 6% post Q1 results; Bank of India jumps 2.1% on strong profit growth.

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