Stock market update: FMCG stocks up as market rises

Stock market update: FMCG stocks up as market rises
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The 30-share BSE Sensex was up 131.53 points at 55529.06

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Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
NEW DELHI: FMCG stocks were trading higher on Thursday at 10:29AM

Hind.Foods(up 12.79%), Euro India Fresh Foods(up 2.02%), Colgate Palmolive(India)(up 1.69%), TATA CONSUMER PRODUCTS(up 1.52%), Dabur India(up 1.32%), Varun Beverages(up 1.30%), Bajaj Consumer(up 1.06%), Tasty Bite Eatables(up 0.96%), Marico(up 0.95%) and JHS Svendgaard Laboratories(up 0.89%) were among the top gainers.

Parag Milk(down 1.50%), DFM Foods(down 1.05%), Heritage Foods(down 0.89%), Umang Dairies(down 0.55%), Gillette India(down 0.26%), Prataap Snacks(down 0.17%) and Godrej Consumer Products(down 0.09%) were among the top losers.

The NSE Nifty50 index was trading 41.9 points up at 16562.75, while the 30-share BSE Sensex was up 131.53 points at 55529.06 at around 10:29AM.

IndusInd Bank(up 4.96%), Hindalco Industries(up 1.85%), TATA CONSUMER PRODUCTS(up 1.51%), UPL Ltd(up 1.46%), Adani Ports & Special Economic Zone(up 1.42%), Enterprises(up 1.08%), Bharti Airtel(up 0.98%), Infosys(up 0.95%), Bajaj Finserv(up 0.88%) and Nestle India(up 0.82%) were among the top gainers in the Nifty pack.

On the other hand, Tech Mahindra(down 1.95%), Kotak Mahindra Bank(down 1.17%), Reliance Industries(down 0.82%), SBI Life(down 0.68%) and HDFC Bank(down 0.2%) were trading in the red.
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