<h1>Benchmark indices climb on IT and FMCG gains, buyback news and Fed rate cut hopes; FIIs sell, DIIs buy</h1> Benchmark equity indices rose, driven by gains in IT and FMCG shares and hopes of a US Federal Reserve rate cut; the 30-share index advanced ~314 points while the 50-share index closed above 24,850. A major IT services firm announced its board will consider an equity buyback proposal, boosting sector sentiment. Market breadth showed small- and mid-cap upticks, with sectoral strength in IT, tech and healthcare offset by weakness in autos, energy and realty. Foreign institutional investors were net sellers while domestic institutions were net buyers, factors relevant to regulatory reporting and market surveillance.