Nifty FMCG index extends gain, up 2%
The Nifty FMCG Index extends gain in today’s session as forecasts of normal monsoon brightened their outlook. IMD on Monday forecast a normal monsoon at 97% of long period average for the country.
The Nifty FMCG index up 1% to 28,115 around 2 PM.
Shares of ITC extending its rally to a third straight day. The stock is currently trading at Rs275.80 up by Rs8.05 or 3.01% from its previous closing of Rs267.75 on the BSE.
Dabur rose as much as 2.8% to hit a near 11-week high. The stock is currently trading at Rs353.95 up by Rs10.6 or 3.09% from its previous closing of Rs343.35 on the BSE.
Hindustan Unilever stocks hit an all-time high. The stock is currently trading at Rs1,452.25 up by Rs6.5 or 0.45% from its previous closing of Rs1,445.75 on the BSE.
United Breweries Ltd is currently trading at Rs1,100 up by Rs24.5 or 2.28% from its previous closing of Rs1,075.50 on the BSE.