Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Monday at 10:44AM

Vadilal Industries Ltd.(up 4.44%), Honasa Consumer Ltd.(up 3.77%), Euro India Fresh Foods Ltd.(up 2.62%), Patanjali Foods Ltd.(up 2.22%), Sheetal Cool Products Ltd.(up 2.20%), LT Foods Ltd.(up 2.12%), Mrs. Bectors Food Specialities Ltd.(up 2.11%), Hindustan Foods Ltd.(up 2.06%), Heritage Foods Ltd.(up 1.71%) and Parag Milk Foods Ltd.(up 1.69%) were among the top gainers.

ADF Foods Ltd.(down 2.93%), JHS Svendgaard Laboratories Ltd.(down 2.00%), Nakoda Group Of Industries Ltd.(down 0.37%) and Procter & Gamble Hygiene & Healthcare Ltd.(down 0.03%) were among the top losers.

The NSE Nifty50 index was trading 101.41 points up at 22248.4, while the 30-share BSE Sensex was up 268.29 points at 73356.62 at around 10:44AM.

Bharat Petroleum Corporation Ltd.(up 3.69%), Wipro Ltd.(up 2.58%), SBI Life Insurance Company Ltd.(up 2.02%), Bajaj Finance Ltd.(up 1.98%), Eicher Motors Ltd.(up 1.88%), Larsen & Toubro Ltd.(up 1.82%), UltraTech Cement Ltd.(up 1.82%), Axis Bank Ltd.(up 1.78%), Dr. Reddy's Laboratories Ltd.(up 1.59%) and Divi's Laboratories Ltd.(up 1.59%) were among the top gainers in the Nifty pack.

On the other hand, NTPC Ltd.(down 1.43%), HDFC Bank Ltd.(down 0.83%), JSW Steel Ltd.(down 0.44%), LTIMindtree Ltd.(down 0.18%), Mahindra & Mahindra Ltd.(down 0.15%), ITC Ltd.(down 0.1%) and Oil And Natural Gas Corporation Ltd.(down 0.04%) were trading in the red.