Market Now: FMCG stocks in the sweet spot; HUL gains over 3%

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: A majority of FMCG stocks including Hindustan Unilever (up 3.13 per cent), Procter Gamble Hygiene Healthcare (up 2.89 per cent)
and Jubilant Foodworks (up 2.12 per cent) were trading in the positive terrain during afternoon trade on Wednesday, giving a boost to the
sectoral index. The Nifty FMCG index was trading 1.10 per cent up at 28,666 around 1:40 pm
Shares of Dabur India (up 1.88 per cent), Godrej Industries (up 1.74 per cent), Colgate-Palmolive (India) (up 1.61 per cent), Britannia
Industries (up 1.42 per cent), United Spirits (up 1.10 per cent), Godrej Consumer Products (up 1.02 per cent), Marico (up 0.37 per cent) and
ITC (up 0.21 per cent) were also in the green. However, Emami (down 0.98 per cent), United Breweries (down 0.81 per cent), GlaxoSmithKline
Consumer Healthcare (down 0.70 per cent) and Tata Global Beverages (down 0.14 per cent) were in the red around that time. Benchmark NSE
Nifty50 index was down 25 points at 10,777, while the BSE Sensex was 26 points down at 35,518. Among the 50 stocks in the Nifty index, 19
were trading in the green, while 31 were in the red
Hindustan Unilever, Wipro and YES Bank were among the top gainers in the Nifty index, while Cipla, UltraTech Cement and GAIL were among the
top losers.