NIFTY PSU Bank, FMCG lead gainers among sectoral indices: How major sectors performed this week

NIFTY sectoral indices closed on a mixed note this week with NIFTY PSU Bank rallying up to 2.7% and NIFTY Media tanking up to 3.5%. Select buying by investors, mainly FIIs, helped sectoral indices such as FMCG, Oil & Gas and IT settle with gains on a weekly basis. However, renewed tariff threats by US President Donald Trump hit US market-focused stocks like pharma and auto.

Here is the list of the top three sectoral losers and gainers this week

NIFTY PSU Bank, FMCG lead gainers

NIFTY PSU Bank emerged as the lead gainer among NIFTY sectoral indices gaining up to 2.16% this week following a rise in Bank of Baroda, Union Bank of India, Punjab National Bank and Bank of India.

NIFTY PVT Bank

NIFTY FMCG

Stellar gains in Tata Consumer Products, Godrej Consumer, Merico and United Breweries and Raico Khaitan drove the sectoral NIFTY FMCG index higher by 1.14% this week. Radico Khaitan was the lead gainer rising by over 5% this week. The company is likely to launch three new luxury products to boost its portfolio in the country's booming premium liquor market.

In addition to NIFTY Financial Services, NIFTY IT and NIFTY Oil & Gas were also among the gainers.

Media shares lead losses, pharma dropped on tariff fears

NIFTY Media

Media shares dropped up to 12% this week due to profit-taking, dragging the sectoral index down by 4.68%. Dish TV India, Network18 Media & Investments, Zee Entertainment, PVR Inox, Den Networks, Hathway Cable and Tips Industries were major losers.

NIFTY Pharma

Pharma shares dropped up to 5% this week amid fears of tariffs by the US on the lines of new 25% import taxes on automobiles and spare parts. NIFTY Pharma dropped 2.5% as leading players Lupin, Cipla, Dr Reddy’s Laboratories, Sun Pharma, Ajanta Pharma and Aurobindio Pharma declined.

Lupin emerged as the biggest loser dropping by over 5% this week as investors feared pharma companies would be the next target of Trump for tariffs.

NIFTY Auto

Leading auto shares, mainly with exposure to the US market, dropped this week after Trump imposed a 25% tariff on automobiles and spare parts. NIFTY Auto declined by 2.12% due to losses in Mahindra & Mahindra, Tata Motors and Balkrishna Industries.

In addition to these, NIFTY Consumer Durables dropped 1.03% while NIFTY Metal declined 0.72%.