INSUBCONTINENT EXCLUSIVE:
NEW DELHI: FMCG stocks United Spirits (up 3.47 per cent), Jubilant Foodworks (up 2.54 per cent), ITC (up 1.67 per cent), Tata Global
Beverages (up 1.39 per cent), Hindustan Unilever (HUL) (up 0.71 per cent) and United Breweries (up 0.18 per cent) were trading with gains
during afternoon trade on Friday.
The Nifty FMCG index was trading 0.93 per cent up at 28,594 around 12:15 pm
On the other hand, shares of Godrej Consumer Products (down 0.67 per cent), Britannia Industries (down 0.38 per cent), Marico (down 0.37
per cent) and Dabur India (down 0.32 per cent) were suffering losses.
Shares of Colgate-Palmolive (India) (down 0.23 per cent), Godrej
Industries (down 0.18 per cent), Procter Gamble Hygiene Healthcare (down 0.14 per cent) and GlaxoSmithKline Consumer Healthcare (down 0.13
per cent) were also under pressure.
Domestic stock markets were wobbly in the backdrop of weak global cues
Benchmark NSE Nifty50 index was up 9 points at 10,750, while the BSE Sensex was up 23 points at 35,456
Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red
Bharti Infratel, Mahindra Mahindra, ITC and BPCL were leading among the Nifty gainers.
However, Reliance Industries, Grasim Industries and
UPL were among the top losers in the Nifty pack of stocks.
