Market Now: Nifty FMCG index up 1%; ITC, HUL among top gainers

NEW DELHI: FMCG heavyweights including Tata Global Beverages (up 2.35 per cent), ITC (up 1.57 per cent), Marico (up 1.51 per cent) and Hindustan Unilever (up 1.10 per cent) were trading with gains during afternoon trade on Monday, keeping the sectoral index up.

The Nifty FMCG index was trading 0.95 per cent up at 27,060 around 01:35 pm (IST) on Monday.

Shares of United Breweries (up 1 per cent), Jubilant Foodworks (up 0.93 per cent), Procter & Gamble Hygiene & Healthcare (up 0.58 per cent) and United Spirits (up 0.42 per cent) were also in the green.


However, shares of Emami cracked over 2 per cent in the FMCG index. Shares of Godrej Consumer Products (down 1.08 per cent), Britannia Industries (down 0.64 per cent) and Godrej Industries (down 0.33 per cent) were also in the red.

GlaxoSmithKline Consumer Healthcare (down 0.08 per cent) and Colgate-Palmolive (India) (down 0.02 per cent) were almost flat around that time.

Equity benchmarks were in the green amid positive global cues.

Bank, auto, FMCG and oil & gas stocks were the major contributors to market rally.

The BSE Sensex was up 157 points at 33,784, while the NSE Nifty50 index was up 50 points at 10,381.

Among the 31 stocks in the Sensex index, 18 were trading in the green, while 13 were in the red.

Axis Bank was the top gainer in the Sensex index, climbing almost 4 per cent. On the other hand, Infosys, Bharti Airtel and Tata Motors were among the top losers in the Sensex kitty.