Stock market update: FMCG stocks up as market rises

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NEW DELHI: FMCG stocks were trading higher on Thursday at 11:25AM

Dangee Dums(up 2.95%), Varun Beverages(up 2.72%), Parag Milk(up 2.68%), Patanjali Foods(up 1.56%), Euro India Fresh Foods(up 1.25%), Bikaji Foods International(up 1.15%), Nakoda Group(up 1.01%), Sheetal Cool Products(up 0.89%), Nestle India(up 0.58%) and Hindustan Foods(up 0.57%) were among the top gainers.

JHS Svendgaard Laboratories(down 2.77%), Marico(down 0.92%), Jyothy Labs(down 0.72%), Dabur India(down 0.46%), Hindustan Unilever(down 0.26%), Prataap Snacks(down 0.26%), Tasty Bite Eatables(down 0.19%), Zydus Wellness(down 0.15%), Dodla Dairy(down 0.13%) and Godrej Consumer Products(down 0.12%) were among the top losers.

The NSE Nifty50 index was trading 2.2 points up at 19814.05, while the 30-share BSE Sensex was up 36.84 points at 66060.08 at around 11:25AM.

Hero MotoCorp Ltd.(up 3.85%), Bajaj Auto Ltd.(up 3.13%), IndusInd Bank Ltd.(up 1.61%), Eicher Motors Ltd.(up 1.42%), Tata Steel Ltd.(up 0.63%), Nestle India Ltd.(up 0.58%), Wipro Ltd.(up 0.54%), UPL Ltd.(up 0.51%), Asian Paints Ltd.(up 0.47%) and HDFC Life Insurance Company Ltd.(up 0.41%) were among the top gainers in the Nifty pack.

On the other hand, Cipla Ltd.(down 6.46%), UltraTech Cement Ltd.(down 1.24%), Divi’s Laboratories Ltd.(down 1.0%), Hindalco Industries Ltd.(down 0.84%), Apollo Hospitals Enterprise Ltd.(down 0.75%), Larsen & Toubro Ltd.(down 0.75%), SBI Life Insurance Company Ltd.(down 0.75%), Power Grid Corporation of India Ltd.(down 0.66%), Oil And Natural Gas Corporation Ltd.(down 0.41%) and Maruti Suzuki India Ltd.(down 0.35%) were trading in the red.