Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG shares closed higher in the Wednesday’s session.

Euro India Fresh Foods(up 2.81%), ADF Foods(up 2.11%), Colgate Palmolive(India)(up 1.98%), Dabur India(up 1.70%), Marico(up 1.40%), Hindustan Unilever(up 1.37%), TATA CONSUMER PRODUCTS(up 1.36%), Britannia Industries(up 1.25%), Umang Dairies(up 1.22%) and Bajaj Consumer(up 1.12%) stood among the top gainers.

Nakoda Group(down 2.75%), Mrs Bectors Food Specialities(down 2.70%), Jyothy Labs(down 2.19%), Heritage Foods(down 2.10%), DFM Foods(down 1.56%), Parag Milk(down 1.53%), Emami(down 1.48%), Hindustan Foods(down 1.35%), Varun Beverages(down 0.94%) and Vadilal Industries(down 0.55%) were among the top losers of the day.

The NSE Nifty50 index ended 157.95 points up at 16641.8, while the 30-share BSE Sensex closed up 547.83 points at 55816.32.

Sun Pharmaceutical Industries(up 3.04%), State Bank of India(up 2.72%), Divis Laboratories(up 2.7%), Larsen & Toubro(up 2.59%), Asian Paints(up 2.49%), Tata Consultancy(up 2.34%), UltraTech Cement(up 2.12%), Bajaj Finance(up 2.11%), Grasim Industries(up 2.11%) and Bharat Petroleum Corporation(up 1.93%) stood among the top gainers in the Nifty pack.

On the other hand, Bharti Airtel(down 1.34%), Bajaj Auto(down 1.06%), UPL Ltd(down 0.65%), Hero MotoCorp(down 0.65%), Kotak Mahindra Bank(down 0.43%), HDFC LIFE INSURANCE(down 0.25%), NTPC(down 0.2%), Reliance Industries(down 0.09%) and Bajaj Finserv(down 0.04%) closed in the red.

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