Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Wednesday at 10:35AM

Umang Dairies(up 7.88%), Heritage Foods(up 2.75%), Euro India Fresh Foods(up 2.48%), TATA CONSUMER PRODUCTS(up 2.19%), Parag Milk(up 1.22%), Emami(up 1.03%), Jyothy Labs(up 0.95%), Zydus Wellness(up 0.86%), Godrej Consumer Products(up 0.61%) and DFM Foods(up 0.42%) were among the top gainers.

Nakoda Group(down 2.09%), Future Consumer(down 1.27%), JHS Svendgaard Laboratories(down 0.92%), Varun Beverages(down 0.85%), Hatsun Agro Product Ltd(down 0.66%), Prataap Snacks(down 0.66%), Hindustan Unilever(down 0.60%), ADF Foods(down 0.49%), Nestle India(down 0.38%) and Bajaj Consumer(down 0.33%) were among the top losers.

The NSE Nifty50 index was trading 134.95 points up at 18126.9, while the 30-share BSE Sensex was up 359.32 points at 60643.63 at around 10:35AM.

Tata Motors(up 17.57%), Mahindra & Mahindra(up 4.26%), Titan Company Ltd(up 3.45%), Tata Steel(up 2.68%), Power Grid Corporation of India(up 2.51%), JSW Steel(up 2.2%), TATA CONSUMER PRODUCTS(up 2.15%), Adani Ports & Special Economic Zone(up 1.95%), Bajaj Finserv(up 1.62%) and Larsen & Toubro(up 1.27%) were among the top gainers in the Nifty pack.

On the other hand, Oil & Natural Gas Corporation(down 1.22%), Coal India(down 0.88%), Hindustan Unilever(down 0.65%), Nestle India(down 0.42%), Eicher Motors(down 0.39%), Maruti Suzuki(down 0.3%), ITC(down 0.29%), Dr Reddys Laboratories(down 0.28%), Cipla(down 0.21%) and HCL Technologies(down 0.19%) were trading in the red.

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