Stock Market India Update: Nifty FMCG Index Gains Two Percent; ITC, Dabur India, Jubilant Foodworks Among Top Gainers

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FMCG stocks bullish; ITC jumps nearly 4 percent in Stock Market India

Most FMCG stocks in stock market India were gaining on October 11, 2018. The Nifty FMCG list was exchanging 2.56 percent up at 28,075 around 12:30 pm.

Dabur India (down 3.02 percent), Marico (down 3.27 percent), Godrej Industries (down 2.53 percent) and United Breweries (down 2 percent) were the failures.

Godrej Consumer Products (down 1.88 percent), Hindustan Unilever (HUL) (down 1.63 percent), United Spirits (down 1.57 percent), Britannia Industries (down 1.43 percent) and ITC (down 1.37 percent) declined essentially.

Shares of ITC (up 3.62 percent), Marico (up 4.24 percent), Dabur India (up 3.48 percent) and Jubilant Foodworks (up 3.13 percent) were the best gainers in the FMCG pack.

Britannia Industries (up 2.51 percent), Hindustan Unilever (up 2.32 percent), Tata Global Beverages (up 1.85 percent) and Godrej Industries (up 1.13 percent) were gaining no less than 1 percent.

In stock market India, United Spirits (up 0.72 percent), Emami (up 0.74 percent), GlaxoSmithKline Consumer Healthcare (up 0.40 percent) and Procter and Gamble Hygiene and Healthcare (up 0.33 percent) progressed.

Shares of Procter and Gamble Hygiene and Healthcare (down 0.89 percent), Colgate-Palmolive (India) (down 0.85 percent) and Jubilant Foodworks (down 0.31 percent) too were among the washouts.

Tata Global Beverages (up 1.59 percent), GlaxoSmithKline Consumer Healthcare (up 0.75 percent) and Emami (up 0.13 percent) were in the green around that time.

In any case, Godrej Consumer Products (down 1.62 percent), United Breweries (down 0.42 percent) and Colgate-Palmolive (India) (down 0.12 percent) were down around them.

Benchmark NSE Nifty50 was list down 98 at 11,491, while the BSE Sensex was 300 down at 38,090.

Among the 50 stocks in the Nifty list, 45 were exchanging the green, while 5 were in the red.

In stock market India, Mahindra and Mahindra, Bajaj Finance, Maruti Suzuki India, HPCL and Eicher Motors were among the best gainers in the Nifty record. Tata Consultancy Services, HCL Technologies, Wipro, NTPC and Dr. Reddy’s Laboratories were the failures in the Nifty pack, according to the report of Economic Times.

The post Stock Market India Update: Nifty FMCG Index Gains Two Percent; ITC, Dabur India, Jubilant Foodworks Among Top Gainers appeared first on OWLT Market.



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