Stock market update: Consumer durables stocks trade up; PC Jeweller, Titan among gainers

Stock market update: Consumer durables stocks trade up; PC Jeweller, Titan among gainers
In the Sensex index, 19 stocks were advancing and 12 were declining in trade.
NEW DELHI: Most consumer durables stocks were trading with gains during afternoon trade on Tuesday, keeping the sectoral index up.

The BSE Consumer Durables index was trading 0.43 per cent up at 20,713 around 1 pm with VIP Industries (up 1.82 per cent) and Bajaj Electricals (up 1.68 per cent) as top gainers.

Shares of Whirlpool of India (up 1.21 per cent), PC Jeweller (up 1.06 per cent), TTK Prestige (up 0.46 per cent), Rajesh Exports (up 0.44 per cent), Titan Company (up 0.36 per cent) and Blue Star (up 0.17 per cent) were also in the green.

Symphony (down 0.86 per cent) and Crompton Greaves Consumer Electricals (down 0.06 per cent) were the only two stocks that were down around that time.

Equity benchmarks were up on gains in FMCG, IT, bank and pharma stocks amid positive global cues.

Market participants were awaiting the release of key macroeconomic data of IIP and retail Inflation (CPI) due later today.

Benchmark BSE Sensex was up 126 points at 35,610, while the NSE Nifty50 index was up 34 points at 10,821.

Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red.

In the Sensex index, 19 stocks were advancing and 12 were declining in trade.
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