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Department of Business Administration: Market Update: FMCG is picking up as the market is rising| Roadsleeper.com

Department of Business Administration: Market Update: FMCG is picking up as the market is rising| Roadsleeper.com

NEW DELHI: FMCG shares closed higher in Tuesday’s session.

Dangee Dums (up 19.86%), Varun Beverages (up 5.52%), Emami (up 2.40%), Nakoda Group (up 2.18%), Dabur India (up 1.64%), Marico (up 1.31%), Nestle India (up .1.11%), Godrej Consumer Products (up 1.10%), Mrs. Bectors Food Specialties (up 0.73%) and TATA CONSUMER PRODUCTS (up 0.61%) stood among the top gainers.

Hindustan Foods (down 2.96%), Prataap Snacks (down 2.00%), DFM Foods (down 1.88%), Vadilal Industries (down 1.32%), Zydus Wellness (down 1.32%), Jyothy Labs (down 1.24%), Dodla Dairy (down 1.03%), Bajaj Consumer (down 1.00%), Parag Milk (down 0.84%) and Colgate Palmolive (India) (down 0.56%) were among the day’s losers.

The NSE Nifty50 index ended down 133.2 points at 18145.4, while the 30-point BSE Sensex closed 374.76 points at 61121.35.

Adani Corporation (up 6.82%), Laboratories Divis (up 6.31%), NTPC (up 5.03%), Power Grid Corporation of India (up 3.07%), Infosys (up 2.3%), Grasim Industries (up 2.3%), Dr. Reddys Laboratories (up 2.29%), Adani Ports & Special Economic Zones (up 2.22%), Hindalco Industries (up 2.16%) and Tata Motors (up 2.08%) stood among the top gainers and Nifty packages.

On the other hand, Axis Bank (down 3.78%), UPL Ltd (down 1.81%), Eicher Motors (down 1.35%), Maruti Suzuki (down 0.77%), Reliance Industries (down 0.77%), Tata Steel (down 0.34). %), Titan Company Ltd (down 0.24%),

Enterprises (down 0.14%), Hero MotoCorp (down 0.14%) and Coal India (down 0.12%) closed in the red.

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