Nifty FCMG trades higher; Heavyweights HUL, Britannia, Tata Consumer lifts the performance

Dabur gained 1.17% while Tata Consumer moved up 1.03%. Emami shed over 1% to emerge the biggest laggard.

Mar 10, 2021 01:03 IST India Infoline News Service

Nifty FMCG stocks rode on sectorial heavyweights to trade higher on Wednesday. Hindustan Unilever led the gains while Britannia, Tata Consumer and Dabur also added to the gains.

At around 1.35pm, Nifty FMCG was trading at 33,351.40 up 135.55 points or 0.41%, after touching a high of 33,407.25 and low of 33,220.00 during intraday trade on Wednesday.

The index opened at higher at 33,393.05 against previous close of 33,215.85.

HUL surged 1.40% at Rs2,229.10 per piece on Wednesday, hitting a day's high of Rs2,232.40 per piece . In an effort to eliminate stereotypes, HUL will reportedly remove the word 'normal' from the packaging and advertising of all beauty and personal care brands.

Britannia also advanced 1.40% at Rs3,474.65 per piece after hitting day's high of Rs 3,477.00 per piece.

Dabur gained 1.17% while Tata Consumer moved up 1.03%. 

Marico, Godrej Consumer and Procter & Gamble Hygiene were also bullish while Nestle India was marginally higher.

Emami shed over 1% to emerge the biggest laggard while United Spirits and ITC also struggled.

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