The Index gained over 60 points with Varun Beverages and Emami leading the charge. At around 1.10 pm, Nifty FMCG was trading at 33,930.60 up 64.90 points or 0.19%, after touching a high of 34,028.00 and low of 33,888.35 during intraday trade on Tuesday.
Varun Beverages surged 2.55% at Rs922.00 per piece on Tuesday. Emami was 1.78% higher at Rs505.90 per piece.
Jubilant Foodworks also gained 0.86% while Hindustan Unilever was also 0.54% on the upside. Marico advanced 0.46%. United Breweries was also 0.37% higher ahead of quarterly earnings annoucement.
United Spirits, Tata Consumer, ITC and Godrej Consumer were marginally higher.
Colgate Palmolive and Dabur dragged the sector a bit. Colgate Palmolive traded 0.68% lower at Rs1,494.25 per piece. Dabur dropped 0.62% at Rs537.95 per piece.
Britannia she 0.54% ahead of announcing quarterly financial results on Tuesday.
Nestle was 0.4% down, the Swiss food giant said on Monday that it is in discussions to buy nutritional supplement maker The Bountiful Company, confirming earlier reports it was close to a deal in the mid-single digit billions.
Procter & Gamble Hygiene was also trading marginally lower.