Share market update: FMCG shares trade higher; Marico surges 7%

NEW DELHI: FMCG shares were trading higher in Tuesday's morning session.

Shares of Marico (up 7.26 per cent), Hindustan Unilever (up 2.04 per cent), GlaxoSmithKline Consumer Healthcare (up 1.83 per cent) and Tata Global Beverages (up 1.23 per cent) were the top gainers in the index.

Jubilant Foodworks (up 0.85 per cent), United Spirits (up 0.79 per cent), Godrej Industries (up 0.76 per cent) and United Breweries (up 0.53 per cent) too were trading higher.

The Nifty FMCG index was trading 0.85 per cent up at 29,827.25 around 10:58 am.

Benchmark NSE Nifty50 index was up 2.75 points at 11,601 while the BSE Sensex was up 43.06 points at 38,643.40.

Among the 50 stocks in the Nifty index, 28 were trading in the green, while 21 were in the red.

Shares of PC Jeweller, ICICI Bank, YES Bank, Vodafone Idea, Marico, Suzlon Energy, Bharti Airtel, Federal Bank, Tata Motors and Reliance Capital were among the most traded shares on the NSE.