Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Monday at 11:01AM

Heritage Foods(up 5.51%), Mrs Bectors Food Specialities(up 4.00%), Umang Dairies(up 2.22%), Parag Milk(up 1.68%), Vadilal Industries(up 1.33%), Nakoda Group(up 1.33%), Prataap Snacks(up 0.99%), Bikaji Foods International(up 0.86%), Emami(up 0.81%) and Bajaj Consumer(up 0.71%) were among the top gainers.

Sheetal Cool Products(down 2.90%), Jyothy Labs(down 1.93%), Tasty Bite Eatables(down 1.40%), Patanjali Foods(down 0.89%), JHS Svendgaard Laboratories(down 0.84%), Euro India Fresh Foods(down 0.37%), Godrej Consumer Products(down 0.22%), Hatsun Agro Product Ltd(down 0.13%), Gillette India(down 0.02%) and Marico(down 0.01%) were among the top losers.

The NSE Nifty50 index was trading 121.25 points up at 18620.6, while the 30-share BSE Sensex was up 454.01 points at 62955.7 at around 11:01AM.

Mahindra & Mahindra(up 3.34%), Hindalco Industries(up 2.29%), IndusInd Bank(up 1.89%), HDFC(up 1.74%), ITC(up 1.63%), SBI Life(up 1.53%), HDFC Bank(up 1.45%), Titan Company Ltd(up 1.29%), Bajaj Finserv(up 1.24%) and Tata Steel(up 1.13%) were among the top gainers in the Nifty pack.

On the other hand, Oil & Natural Gas Corporation(down 3.11%), Sun Pharmaceutical Industries(down 1.56%), Divis Laboratories(down 0.91%), Maruti Suzuki(down 0.7%), HCL Technologies(down 0.61%), Bharat Petroleum Corporation(down 0.33%), Infosys(down 0.3%), Apollo Hospitals Enterprises(down 0.25%), Cipla(down 0.19%) and Power Grid Corporation of India(down 0.11%) were trading in the red.