Stock market update: FMCG stocks up as market rises

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

Varun Beverages(up 7.26%), Prataap Snacks(up 3.11%), Euro India Fresh Foods(up 2.61%), Jyothy Labs(up 2.21%), JHS Svendgaard Laboratories(up 2.04%), Britannia Industries(up 1.78%), Colgate Palmolive(India)(up 1.47%), TATA CONSUMER PRODUCTS(up 1.08%), Nestle India(up 0.85%) and Dodla Dairy(up 0.76%) stood among the top gainers.

Tasty Bite Eatables(down 4.79%), Dangee Dums(down 2.91%), Heritage Foods(down 2.72%), Bajaj Consumer(down 1.96%), Parag Milk(down 1.17%), Emami(down 1.05%), Dabur India(down 0.94%), Zydus Wellness(down 0.76%), ADF Foods(down 0.74%) and Future Consumer(down 0.70%) were among the top losers of the day.

The NSE Nifty50 index ended 151.75 points up at 18068.55, while the 30-share BSE Sensex closed up 477.99 points at 60545.61.

Titan Company Ltd(up 4.32%), Indian Oil Corporation(up 4.31%), UltraTech Cement(up 4.23%), Bajaj Finserv(up 4.12%), Tech Mahindra(up 3.34%), Grasim Industries(up 3.2%), Kotak Mahindra Bank(up 3.01%), Bharat Petroleum Corporation(up 2.86%), HDFC(up 2.75%) and Tata Motors(up 2.39%) stood among the top gainers in the Nifty pack.

On the other hand, IndusInd Bank(down 10.76%), Divis Laboratories(down 5.98%), Mahindra & Mahindra(down 1.53%), State Bank of India(down 1.36%), Maruti Suzuki(down 0.81%), Asian Paints(down 0.67%), Hindalco Industries(down 0.59%), Axis Bank(down 0.25%), ICICI Bank(down 0.25%) and Tata Consultancy(down 0.17%) closed in the red.

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