Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Wednesday at 10:55AM

JHS Svendgaard Laboratories(up 3.60%), Future Consumer(up 2.99%), ADF Foods(up 2.91%), Bajaj Consumer(up 2.23%), Vadilal Industries(up 2.07%), Godrej Consumer Products(up 2.00%), Jyothy Labs(up 1.84%), Parag Milk(up 1.50%), Prataap Snacks(up 1.35%) and Dodla Dairy(up 1.25%) were among the top gainers.

Nakoda Group(down 3.77%), Heritage Foods(down 1.95%), Euro India Fresh Foods(down 1.84%), Mrs Bectors Food Specialities(down 1.50%), Hatsun Agro Product Ltd(down 1.25%), Emami(down 0.96%), Dabur India(down 0.74%), Hindustan Unilever(down 0.74%), Marico(down 0.54%) and Dangee Dums(down 0.50%) were among the top losers.

The NSE Nifty50 index was trading 50.3 points up at 17142.5, while the 30-share BSE Sensex was up 173.84 points at 57474.52 at around 10:55AM.

Kotak Mahindra Bank(up 2.88%), Titan Company Ltd(up 1.9%), Maruti Suzuki(up 1.48%), Asian Paints(up 1.42%), Adani Ports & Special Economic Zone(up 1.2%), TATA CONSUMER PRODUCTS(up 1.09%), Bharat Petroleum Corporation(up 0.99%), Hindalco Industries(up 0.99%), Bajaj Finance(up 0.99%) and State Bank of India(up 0.78%) were among the top gainers in the Nifty pack.

On the other hand, Oil & Natural Gas Corporation(down 1.61%), Hindustan Unilever(down 0.73%), Shree Cement(down 0.58%), Divis Laboratories(down 0.49%), Axis Bank(down 0.48%), Nestle India(down 0.45%), Britannia Industries(down 0.44%), Larsen & Toubro(down 0.43%), ICICI Bank(down 0.31%) and JSW Steel(down 0.31%) were trading in the red.

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