Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Monday at 11:26AM

Nakoda Group(up 4.99%), DFM Foods(up 4.56%), Future Consumer(up 3.18%), Umang Dairies(up 3.03%), P & G Hygiene(up 2.09%), Parag Milk(up 1.35%), Mrs Bectors Food Specialities(up 0.98%), Varun Beverages(up 0.78%), Heritage Foods(up 0.62%) and Bajaj Consumer(up 0.62%) were among the top gainers.

Hatsun Agro Product Ltd(down 0.99%), Godrej Consumer Products(down 0.74%), Tasty Bite Eatables(down 0.70%), Nestle India(down 0.67%), ADF Foods(down 0.49%), Marico(down 0.41%), Colgate Palmolive(India)(down 0.34%), Hindustan Unilever(down 0.25%), Emami(down 0.16%) and Vadilal Industries(down 0.12%) were among the top losers.

The NSE Nifty50 index was trading 135.3 points up at 17948.0, while the 30-share BSE Sensex was up 436.4 points at 60181.05 at around 11:26AM.

Maruti Suzuki(up 3.43%), UPL Ltd(up 3.23%), Infosys(up 2.66%), Hero MotoCorp(up 2.56%), Tata Motors(up 2.34%), ITC(up 1.97%), SBI Life(up 1.73%), Kotak Mahindra Bank(up 1.61%), Coal India(up 1.53%) and Mahindra & Mahindra(up 1.42%) were among the top gainers in the Nifty pack.

On the other hand, Wipro(down 2.21%), Asian Paints(down 1.07%), Dr Reddys Laboratories(down 0.79%), Nestle India(down 0.67%), Sun Pharmaceutical Industries(down 0.6%), Divis Laboratories(down 0.46%), Shree Cement(down 0.42%), Reliance Industries(down 0.29%), Hindustan Unilever(down 0.25%) and Cipla(down 0.19%) were trading in the red.