Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Friday at 10:04AM

Dangee Dums(up 2.34%), Mrs Bectors Food Specialities(up 2.11%), Hindustan Foods(up 1.98%), Nestle India(up 1.26%), Heritage Foods(up 1.23%), TATA CONSUMER PRODUCTS(up 1.02%), Euro India Fresh Foods(up 0.90%), Godrej Consumer Products(up 0.83%), Parag Milk(up 0.79%) and Tasty Bite Eatables(up 0.67%) were among the top gainers.

Nakoda Group(down 1.28%), Colgate Palmolive(India)(down 0.87%), Gillette India(down 0.79%), JHS Svendgaard Laboratories(down 0.31%), Zydus Wellness(down 0.17%), Marico(down 0.03%) and Bajaj Consumer(down 0.03%) were among the top losers.

The NSE Nifty50 index was trading 68.2 points up at 17053.8, while the 30-share BSE Sensex was up 212.75 points at 57847.59 at around 10:04AM.

HDFC LIFE INSURANCE(up 2.52%), SBI Life(up 2.13%), HCL Technologies(up 2.1%), Infosys(up 1.94%), Larsen & Toubro(up 1.74%), Coal India(up 1.72%), UltraTech Cement(up 1.37%), Nestle India(up 1.26%), Kotak Mahindra Bank(up 1.12%) and Bajaj Finance(up 1.1%) were among the top gainers in the Nifty pack.

On the other hand, ITC(down 1.64%), Bharat Petroleum Corporation(down 0.87%), Hero MotoCorp(down 0.67%), Tata Consultancy(down 0.63%), Eicher Motors(down 0.63%), IndusInd Bank(down 0.55%), Bharti Airtel(down 0.54%), Sun Pharmaceutical Industries(down 0.41%), Asian Paints(down 0.31%) and Adani Ports & Special Economic Zone(down 0.19%) were trading in the red.