Stock market update: FMCG stocks up as market rises

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

Varun Beverages(up 8.49%), Hatsun Agro Product Ltd(up 4.57%), Parag Milk(up 3.42%), Emami(up 3.40%), DFM Foods(up 2.84%), JHS Svendgaard Laboratories(up 2.65%), Future Consumer(up 2.16%), Umang Dairies(up 2.09%), Dabur India(up 1.91%) and TATA CONSUMER PRODUCTS(up 1.90%) stood among the top gainers.

Tasty Bite Eatables(down 2.82%), Euro India Fresh Foods(down 1.97%), Nakoda Group(down 1.76%), Colgate Palmolive(India)(down 1.00%), Zydus Wellness(down 0.85%), Jyothy Labs(down 0.45%), Hind.Foods(down 0.41%), Nestle India(down 0.32%), Mrs Bectors Food Specialities(down 0.30%) and Heritage Foods(down 0.02%) were among the top losers of the day.

The NSE Nifty50 index ended 258.0 points up at 17929.65, while the 30-share BSE Sensex closed up 831.53 points at 60138.46.

IndusInd Bank(up 7.8%), Hindalco Industries(up 3.99%), HCL Technologies(up 3.97%), Bharti Airtel(up 3.96%), Grasim Industries(up 3.95%), Coal India(up 3.83%), Tata Steel(up 3.72%), Dr Reddys Laboratories(up 3.05%), Eicher Motors(up 3.03%) and Tech Mahindra(up 3.0%) stood among the top gainers in the Nifty pack.

On the other hand, UPL Ltd(down 2.72%), Mahindra & Mahindra(down 1.57%), Bajaj Finserv(down 1.43%) and Nestle India(down 0.32%) closed in the red.

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