Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Friday at 10:26AM

LT Foods Ltd.(up 1.08%), Jyothy Labs Ltd.(up 0.92%), Bajaj Consumer Care Ltd.(up 0.78%), Heritage Foods Ltd.(up 0.70%), Sheetal Cool Products Ltd.(up 0.65%), Colgate-Palmolive(India)Ltd.(up 0.64%), JHS Svendgaard Laboratories Ltd.(up 0.60%), Dodla Dairy Ltd.(up 0.51%), Bikaji Foods International Ltd.(up 0.50%) and Nestle India Ltd.(up 0.47%) were among the top gainers.

Dangee Dums Ltd.(down 5.27%), Prataap Snacks Ltd.(down 1.99%), ADF Foods Ltd.(down 1.98%), Honasa Consumer Ltd.(down 1.32%), Adani Wilmar Ltd.(down 0.72%), Gillette India Ltd.(down 0.59%), Procter & Gamble Hygiene & Healthcare Ltd.(down 0.58%), Hindustan Foods Ltd.(down 0.36%), Umang Dairies Ltd.(down 0.22%) and Mrs. Bectors Food Specialities Ltd.(down 0.17%) were among the top losers.

The NSE Nifty50 index was trading 167.05 points at 23917.25, while the 30-share BSE Sensex was up 502.24 points at 78974.72 at around 10:26AM.

IndusInd Bank Ltd.(up 3.66%), Tata Motors Ltd.(up 3.19%), Bajaj Auto Ltd.(up 3.19%), Eicher Motors Ltd.(up 3.0%), Mahindra & Mahindra Ltd.(up 2.45%), Bajaj Finance Ltd.(up 2.03%), Maruti Suzuki India Ltd.(up 1.99%), Trent Ltd.(up 1.79%), Dr. Reddy's Laboratories Ltd.(up 1.51%) and Wipro Ltd.(up 1.46%) were among the top gainers in the Nifty pack.

On the other hand, Power Grid Corporation of India Ltd.(down 0.42%), Bharat Electronics Ltd.(down 0.21%), Tata Consultancy Services Ltd.(down 0.21%), HCL Technologies Ltd.(down 0.21%), Larsen & Toubro Ltd.(down 0.2%) and HDFC Life Insurance Company Ltd.(down 0.07%) were trading in the red.