Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Friday at 11:11AM

Jyothy Labs(up 2.70%), Colgate Palmolive(India)(up 2.54%), Adani Wilmar(up 1.14%), Godrej Consumer Products(up 0.99%), Heritage Foods(up 0.94%), Hindustan Foods(up 0.86%), Hindustan Unilever(up 0.68%), Bajaj Consumer(up 0.63%), Britannia Industries(up 0.63%) and Emami(up 0.56%) were among the top gainers.

Dangee Dums(down 1.71%), Varun Beverages(down 1.00%), Parag Milk(down 0.96%), Patanjali Foods(down 0.90%), JHS Svendgaard Laboratories(down 0.78%), Euro India Fresh Foods(down 0.75%), Mrs Bectors Food Specialities(down 0.74%), Hatsun Agro Product Ltd(down 0.45%), Marico(down 0.37%) and Zydus Wellness(down 0.21%) were among the top losers.

The NSE Nifty50 index was trading 127.75 points up at 20260.9, while the 30-share BSE Sensex was up 478.76 points at 67467.2 at around 11:11AM.

NTPC Ltd.(up 4.55%), ITC Ltd.(up 2.63%), Larsen & Toubro Ltd.(up 2.06%), Axis Bank Ltd.(up 1.97%), Coal India Ltd.(up 1.79%), Power Grid Corporation of India Ltd.(up 1.38%), State Bank of India(up 1.35%), IndusInd Bank Ltd.(up 1.22%), Asian Paints Ltd.(up 1.18%) and Bajaj Finance Ltd.(up 1.05%) were among the top gainers in the Nifty pack.

On the other hand, Wipro Ltd.(down 1.11%), Bajaj Auto Ltd.(down 0.86%), HDFC Life Insurance Company Ltd.(down 0.84%), SBI Life Insurance Company Ltd.(down 0.57%), Cipla Ltd.(down 0.51%), HCL Technologies Ltd.(down 0.45%), Divi’s Laboratories Ltd.(down 0.41%), Dr. Reddy’s Laboratories Ltd.(down 0.4%), Infosys Ltd.(down 0.35%) and Bharat Petroleum Corporation Ltd.(down 0.22%) were trading in the red. SOURCE

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