Share market update: FMCG stocks rise up to 2%; United Breweries, HUL top gainers

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most FMCG stocks were trading with gains in the afternoon session of trade on Tuesday, keeping the sectoral index in the green
zone. The Nifty FMCG index was trading 0.63 per cent up at 29,938 at 12:30 pm
Shares of United Breweries (up 2.09 per cent), Hindustan Unilever (HUL) (up 1.86 per cent), Godrej Industries (up 1.42 per cent), Dabur
India (up 1.26 per cent) and United Spirits (up 1.03 per cent) were the top gainers in the FMCG index. Jubilant Foodworks (up 0.99 per
cent), Britannia Industries (up 0.72 per cent), Colgate-Palmolive (India) (up 0.54 per cent), Tata Global Beverages (up 0.34 per cent) and
ITC (up 0.30 per cent) too were in the positive territory
However, GlaxoSmithKline Consumer Healthcare (down 2.27 per cent), Emami (down 2.06 per cent), Godrej Consumer Products (down 0.63 per
cent), Marico (down 0.27 per cent) and Procter Gamble Hygiene Healthcare (down 0.25 per cent) were in the red at that time
Benchmark NSE Nifty50 index was up 44 points at 11,012, while the BSE Sensex was up 171 points at 36,476
Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red
Axis Bank, Sun Pharma, YES Bank, IndusInd Bank and Cipla were among the top gainers in the Nifty index. Indiabulls Housing Finance, GAIL
(India), Eicher Motors, HPCL and BPCL were among the top losers in the Nifty pakc of stocks.