Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Monday at 10:56AM

Varun Beverages(up 5.66%), Sheetal Cool Products(up 1.63%), Dabur India(up 1.50%), Nakoda Group(up 1.50%), Godrej Consumer Products(up 1.01%), Hatsun Agro Product Ltd(up 1.00%), Heritage Foods(up 0.80%), Colgate Palmolive(India)(up 0.72%), Zydus Wellness(up 0.71%) and Parag Milk(up 0.70%) were among the top gainers.

Jyothy Labs(down 1.31%), Umang Dairies(down 0.87%), Tasty Bite Eatables(down 0.67%), ADF Foods(down 0.64%), Britannia Industries(down 0.38%), Vadilal Industries(down 0.37%), Hindustan Unilever(down 0.36%), Mrs Bectors Food Specialities(down 0.32%), TATA CONSUMER PRODUCTS(down 0.31%) and Gillette India(down 0.15%) were among the top losers.

The NSE Nifty50 index was trading 14.8 points up at 17971.4, while the 30-share BSE Sensex was up 124.19 points at 60385.37 at around 10:56AM.

Tech Mahindra(up 1.96%), HCL Technologies(up 1.6%), Wipro(up 1.35%), Infosys(up 1.27%), Bajaj Finance(up 1.07%), UltraTech Cement(up 1.0%), IndusInd Bank(up 0.92%), Kotak Mahindra Bank(up 0.7%), State Bank of India(up 0.59%) and Bajaj Finserv(up 0.41%) were among the top gainers in the Nifty pack.

On the other hand, Adani Enterprises(down 2.03%), Mahindra & Mahindra(down 1.28%), Bharat Petroleum Corporation(down 1.26%), Cipla(down 1.1%), JSW Steel(down 1.09%), Eicher Motors(down 1.08%), Bajaj Auto(down 1.01%), Maruti Suzuki(down 0.89%), Tata Consultancy(down 0.87%) and NTPC(down 0.8%) were trading in the red.