Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Thursday at 10:39AM

Future Consumer(up 8.70%), JHS Svendgaard Laboratories(up 8.16%), Heritage Foods(up 4.78%), Jyothy Labs(up 2.37%), Parag Milk(up 1.84%), Marico(up 1.52%), Dodla Dairy(up 1.48%), Vadilal Industries(up 1.46%), ADF Foods(up 1.43%) and Umang Dairies(up 1.38%) were among the top gainers.

Nestle India(down 2.43%), Nakoda Group(down 1.45%), Euro India Fresh Foods(down 1.41%), P & G Hygiene(down 1.22%), Varun Beverages(down 0.95%), Hatsun Agro Product Ltd(down 0.84%), Emami(down 0.81%), Godrej Consumer Products(down 0.27%), Tasty Bite Eatables(down 0.24%) and TATA CONSUMER PRODUCTS(down 0.09%) were among the top losers.

The NSE Nifty50 index was trading 130.4 points up at 17266.95, while the 30-share BSE Sensex was up 459.64 points at 57497.14 at around 10:39AM.

Coal India(up 3.24%), Asian Paints(up 2.05%), Reliance Industries(up 1.73%), IndusInd Bank(up 1.56%), Tata Consultancy(up 1.47%), Divis Laboratories(up 1.43%), Larsen & Toubro(up 1.38%), Infosys(up 1.31%), Sun Pharmaceutical Industries(up 1.23%) and Bharat Petroleum Corporation(up 1.17%) were among the top gainers in the Nifty pack.

On the other hand, Nestle India(down 2.44%), Tata Steel(down 0.88%), Oil & Natural Gas Corporation(down 0.66%), Bajaj Auto(down 0.61%), Cipla(down 0.5%), JSW Steel(down 0.39%), Power Grid Corporation of India(down 0.18%), Hindalco Industries(down 0.18%), TATA CONSUMER PRODUCTS(down 0.09%) and ICICI Bank(down 0.08%) were trading in the red.