Stock market update: FMCG stocks up as market rises

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NEW DELHI: FMCG stocks were trading higher on Friday at 10:55AM

Nakoda Group(up 3.46%), Future Consumer(up 2.78%), Vadilal Industries(up 2.46%), JHS Svendgaard Laboratories(up 2.10%), Hatsun Agro Product Ltd(up 1.86%), Varun Beverages(up 1.18%), Jyothy Labs(up 1.15%), Zydus Wellness(up 0.91%), Mrs Bectors Food Specialities(up 0.77%) and Tasty Bite Eatables(up 0.69%) were among the top gainers.

Dangee Dums(down 2.95%), ADF Foods(down 2.20%), DFM Foods(down 1.06%), Umang Dairies(down 0.55%), Bajaj Consumer(down 0.38%), Hindustan Unilever(down 0.19%), Gillette India(down 0.18%), Dodla Dairy(down 0.15%), Prataap Snacks(down 0.12%) and TATA CONSUMER PRODUCTS(down 0.09%) were among the top losers.

The NSE Nifty50 index was trading 136.6 points up at 17066.2, while the 30-share BSE Sensex was up 417.94 points at 57275.73 at around 10:55AM.

SBI Life(up 8.98%), Tata Steel(up 7.17%), Hindalco Industries(up 3.4%), JSW Steel(up 2.39%), Bajaj Finserv(up 2.29%), Tech Mahindra(up 2.21%), Infosys(up 1.99%), Oil & Natural Gas Corporation(up 1.92%), Mahindra & Mahindra(up 1.58%) and Bajaj Auto(up 1.57%) were among the top gainers in the Nifty pack.

On the other hand, Dr Reddys Laboratories(down 3.6%), Sun Pharmaceutical Industries(down 1.39%), Cipla(down 1.16%), Divis Laboratories(down 0.61%), State Bank of India(down 0.54%), ITC(down 0.49%), ICICI Bank(down 0.31%), Shree Cement(down 0.27%), Hindustan Unilever(down 0.19%) and TATA CONSUMER PRODUCTS(down 0.09%) were trading in the red.