Stock market update: FMCG stocks up as market rises

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ETMarkets.comLast Updated: Apr 04, 2024, 04:51:00 PM IST

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The 30-share BSE Sensex closed up 350.81 points at 74227.63

Nifty — Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.

NEW DELHI: FMCG shares closed higher in the Thursday's session.

Future Consumer Ltd.(up 5.56%), JHS Svendgaard Laboratories Ltd.(up 4.84%), Zydus Wellness Ltd.(up 2.70%), Nakoda Group Of Industries Ltd.(up 2.65%), Varun Beverages Ltd.(up 2.62%), Dangee Dums Ltd.(up 2.23%), Prataap Snacks Ltd.(up 2.14%), Emami Ltd.(up 2.04%), Mrs. Bectors Food Specialities Ltd.(up 1.81%) and Bikaji Foods International Ltd.(up 1.76%) stood among the top gainers.

Dabur India Ltd.(down 4.70%), Heritage Foods Ltd.(down 4.22%), Colgate-Palmolive(India)Ltd.(down 3.34%), Sheetal Cool Products Ltd.(down 2.60%), Hatsun Agro Products Ltd.(down 1.98%), Jyothy Labs Ltd.(down 1.71%), Patanjali Foods Ltd.(down 1.70%), Parag Milk Foods Ltd.(down 1.44%), Godrej Consumer Products Ltd.(down 1.00%) and Marico Ltd.(down 0.92%) were among the top losers of the day.

The NSE Nifty50 index ended 80.0 points up at 22514.65, while the 30-share BSE Sensex closed up 350.81 points at 74227.63.

UPL Ltd.(up 3.41%), HDFC Bank Ltd.(up 3.06%), Eicher Motors Ltd.(up 2.04%), Tech Mahindra Ltd.(up 1.93%), Titan Company Ltd.(up 1.9%), Asian Paints Ltd.(up 1.71%), Tata Consultancy Services Ltd.(up 1.42%), LTIMindtree Ltd.(up 1.36%), Divi's Laboratories Ltd.(up 1.34%) and Maruti Suzuki India Ltd.(up 1.13%) stood among the top gainers in the Nifty pack.

On the other hand, Oil And Natural Gas Corporation Ltd.(down 2.31%), Adani Ports & Special Economic Zone Ltd.(down 2.18%), Bharat Petroleum Corporation Ltd.(down 2.04%), Bharti Airtel Ltd.(down 1.54%), State Bank of India(down 1.53%), Grasim Industries Ltd.(down 1.2%), Power Grid Corporation of India Ltd.(down 0.88%), Cipla Ltd.(down 0.82%), Hero MotoCorp Ltd.(down 0.76%) and JSW Steel Ltd.(down 0.75%) closed in the red.

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