FMCG stocks in demand; Marico, Godrej, Dabur and HUL rise up to 10%

Shares of Fast Moving Consumer Goods Companies (FMCG) were in demand and rose up to 10 per cent on the BSE in intraday trading on Tuesday in an otherwise subdued market with an improved outlook.

Shares of Marico, Godrej Consumer Products, Dabur India, Hindustan Unilever, Bajaj Consumer Care, Colgate-Palmolive (India), ITC, Nestle India and Britannia Industries rose between 2 percent and 10 percent. At 10:20 am; the S&P BSE FMCG index, the biggest gainer among sectoral indices, rose 2.5 percent, compared to a 0.4 percent decline in the S&P BSE Sensex.

Given the comfort level in appreciation and

First print: May 07, 2024 | 10:39 am IST