Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Monday at 10:24AM

Euro India Fresh Foods(up 4.97%), Marico(up 3.32%), JHS Svendgaard Laboratories(up 2.92%), Britannia Industries(up 2.55%), DFM Foods(up 1.92%), Godrej Consumer Products(up 1.77%), Jyothy Labs(up 1.76%), Vadilal Industries(up 1.47%), Heritage Foods(up 1.22%) and Bajaj Consumer(up 1.22%) were among the top gainers.

ADF Foods(down 1.26%), Parag Milk(down 0.79%), Prataap Snacks(down 0.60%), Gillette India(down 0.42%) and Hatsun Agro Product Ltd(down 0.21%) were among the top losers.

The NSE Nifty50 index was trading 255.3 points up at 17357.25, while the 30-share BSE Sensex was up 858.76 points at 58058.99 at around 10:24AM.

Tech Mahindra(up 5.28%), Wipro(up 3.4%), Divis Laboratories(up 3.28%), Infosys(up 3.19%), HCL Technologies(up 2.94%), Bharat Petroleum Corporation(up 2.93%), Dr Reddys Laboratories(up 2.74%), Oil & Natural Gas Corporation(up 2.61%), Britannia Industries(up 2.55%) and Power Grid Corporation of India(up 2.5%) were among the top gainers in the Nifty pack.

On the other hand, IndusInd Bank(down 2.74%) and Kotak Mahindra Bank(down 1.42%) were trading in the red.