Stock market update: FMCG stocks mixed; ITC up, but Dabur, HUL fall

NEW DELHI: FMCG stocks were trading mixed in afternoon trade on Friday.

The Nifty FMCG index was trading 0.18 per cent up at 29,714 around 01:30 pm.

Shares of United Spirits (up 2.31 per cent), GlaxoSmithKline Consumer Healthcare (up 1.73 per cent) and Britannia Industries (up 1.04 per cent) were the top gainers in the FMCG index.


Shares of Emami (up 1 per cent), ITC (up 0.73 per cent), Jubilant Foodworks (up 0.65 per cent), Procter & Gamble Hygiene & Healthcare (up 0.45 per cent) and Tata Global Beverages (up 0.15 per cent) also edged up.

However, Dabur India (down 3.34 per cent), Colgate-Palmolive (India) (down 3.15 per cent), Godrej Industries (down 1.11 per cent) and United Breweries (down 1.10 per cent) suffered losses.

Godrej Consumer Products (down 1.05 per cent), Hindustan Unilever (down 0.23 per cent) and Marico (down 0.22 per cent) too fell.

Equity benchmarks Sensex and Nifty were wobbly amid mixed global cues. European stocks were subdued on concerns around budget in Italy.

The NSE Nifty50 index was up 12 points at 10,989, while the BSE Sensex was up 106 points at 36,431.

Among the 50 stocks in the Nifty index, 26 were trading in the green, while 24 were in the red.

State Bank of India, HDFC, Wipro, HCPL and HDFC Bank were among the top gainers in the Nifty index.

YES Bank, Indiabulls Housing Finance, Bharti Airtel, Hero MotoCorp and Tata Steel were among the top losers in the Nifty pack of stocks.