Share market update: Nifty FMCG index in the green; Tata Global jumps 5%

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The Nifty FMCG index was trading 0.37 per cent up at 30,943 around 02:55 pm on Friday
Shares of Tata Global Beverages (up 5.37 per cent) were the top gainers in the FMCG index, followed by Dabur India (up 3.41 per cent),
United Spirits (up 2.06 per cent) and GlaxoSmithKline Consumer Healthcare (up 2.05 per cent). Emami (up 1.57 per cent), Colgate-Palmolive
(India) (up 1.55 per cent), Britannia Industries (up 1.35 per cent), Marico (up 0.71 per cent) and United Breweries (up 0.50 per cent) too
joined the pack of index gainers. However, Jubilant Foodworks (down 0.77 per cent), Procter Gamble Hygiene Healthcare (down 0.53 per
cent), Godrej Consumer Products (down 0.31 per cent), Hindustan Unilever (down 0.25 per cent), Godrej Industries (down 0.15 per cent) and
ITC (down 0.08 per cent) were in the red around that time
Equity market was in the positive terrain on healthy buying by investors as the industrial production grew at 6.6 per cent in July and
retail inflation cooled to a 10-month low. Inflation based on wholesale prices eased to a four-month low of 4.53 per cent in August on
softening of prices of food articles, especially vegetables. Positive Asian cues and rupee's improved health also influenced the sentiment
Benchmark NSE Nifty50 index was up 120 points at 11,490, while the BSE Sensex was up 321 points at 38,039
Among the 50 stocks in the Nifty index, 42 were trading in the green, while 8 were in the red
Indiabulls Housing Finance, BPCL, UPL, Vedanta and HPCL featured among the top Nifty gainers. HCL Technologies, Infosys, Coal India, Wipro
and Bharti Airtel were among the top losers in the Nifty index.