Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Monday at 10:55AM

JHS Svendgaard Laboratories(up 4.87%), Future Consumer(up 4.44%), Umang Dairies(up 3.74%), Heritage Foods(up 2.99%), Parag Milk(up 2.63%), Zydus Wellness(up 2.23%), TATA CONSUMER PRODUCTS(up 1.24%), Jyothy Labs(up 1.23%), Tasty Bite Eatables(up 1.23%) and Godrej Consumer Products(up 1.18%) were among the top gainers.

Euro India Fresh Foods(down 6.66%), Dangee Dums(down 2.14%), Hatsun Agro Product Ltd(down 1.29%), Hindustan Foods(down 1.16%), Prataap Snacks(down 0.77%), Dabur India(down 0.12%), Emami(down 0.11%), Nakoda Group(down 0.07%), ADF Foods(down 0.07%) and Colgate Palmolive(India)(down 0.02%) were among the top losers.

The NSE Nifty50 index was trading 105.65 points up at 17939.0, while the 30-share BSE Sensex was up 352.13 points at 60145.27 at around 10:55AM.

Adani Ports & Special Economic Zone(up 2.77%), Tech Mahindra(up 2.2%), Infosys(up 1.58%), Bajaj Finance(up 1.56%), Divis Laboratories(up 1.41%), UPL Ltd(up 1.33%), Tata Steel(up 1.32%), Axis Bank(up 1.31%), TATA CONSUMER PRODUCTS(up 1.24%) and Titan Company Ltd(up 1.23%) were among the top gainers in the Nifty pack.

On the other hand, Shree Cement(down 1.29%), JSW Steel(down 0.53%), HDFC(down 0.21%), Mahindra & Mahindra(down 0.17%), Asian Paints(down 0.08%), IndusInd Bank(down 0.04%), HDFC LIFE INSURANCE(down 0.04%) and HDFC Bank(down 0.01%) were trading in the red.