Market Now: Nifty FMCG lone sectoral gainer; HUL, ITC tread higher


NEW DELHI: The FMCG index was the solitary gainer on NSE in afternoon trade on Friday.

The Nifty FMCG index was trading 1.09 per cent up at 28,808 around 01:30 pm, with shares of Colgate-Palmolive (India) (up 3.07 per cent) as the top gainers.

Britannia Industries (up 2.66 per cent), Hindustan Unilever (up 1.60 per cent), Jubilant Foodworks (up 1.51 per cent), ITC (up 1.29 per cent), Godrej Consumer Products (up 1.20 per cent) and Procter & Gamble Hygiene & Healthcare (up 1.02 per cent) were trading with gains of over 1 per cent.

United Breweries (up 0.46 per cent), Dabur India (up 0.43 per cent) and GlaxoSmithKline Consumer Healthcare (up 0.08 per cent) were also in the green.

On the other hand, United Spirits (down 1.52 per cent), Marico (down 1.15 per cent), Tata Global Beverages (down 0.81 per cent), Godrej Industries (down 0.71 per cent) and Emami (down 0.37 per cent) were trading down.

Equity benchmarks were in the negative territory amid mixed global cues. Surging crude oil prices and falling rupee hit the risk appetite of investors.

The NSE Nifty50 index was down 63 points at 10,620, while the BSE Sensex was 220 points down at 34,929.

Among the 50 stocks in the Nifty index, 14 were trading in the green, while 36 were in the red.

Bajaj Finance, Tech Mahindra and Bajaj Auto were among top gainers, while Adani Ports & Special Economic Zone, Tata Motors and ICICI Bank were among top losers in the Nifty index.

Source: Economic Times