Stock market update: FMCG stocks up as market rises

NEW DELHI: FMCG stocks were trading higher on Monday at 10:50AM

Hindustan Foods Ltd.(up 5.00%), Future Consumer Ltd.(up 2.63%), Tasty Bite Eatables Ltd.(up 1.97%), Tata Consumer Products Ltd.(up 1.28%), Prataap Snacks Ltd.(up 1.20%), Bajaj Consumer Care Ltd.(up 1.01%), Hatsun Agro Products Ltd.(up 0.96%), Zydus Wellness Ltd.(up 0.88%), Umang Dairies Ltd.(up 0.83%) and JHS Svendgaard Laboratories Ltd.(up 0.83%) were among the top gainers.

ADF Foods(down 1.54%), Nakoda Group(down 0.90%), Godrej Consumer Products(down 0.65%), Emami(down 0.54%) and P & G Hygiene(down 0.05%) were among the top losers.

The NSE Nifty50 index was trading 207.9 points up at 17739.95, while the 30-share BSE Sensex was up 739.84 points at 59505.42 at around 10:50AM.

Divis Laboratories(up 9.04%), Bajaj Finance(up 2.85%), NTPC(up 2.57%), Bajaj Finserv(up 2.45%), Tata Motors(up 2.25%), Mahindra & Mahindra(up 2.07%), SBI Life(up 1.92%), Reliance Industries(up 1.83%), Dr Reddys Laboratories(up 1.73%) and HDFC(up 1.72%) were among the top gainers in the Nifty pack.

On the other hand, Grasim Industries(down 2.12%), UPL Ltd(down 1.85%), Eicher Motors(down 0.62%), Indian Oil Corporation(down 0.47%), JSW Steel(down 0.31%), Tata Steel(down 0.1%) and Bajaj Auto(down 0.01%) were trading in the red.