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Share market update: FMCG shares bullish ahead of budget; Jubilant Foodworks up over 3%

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NEW DELHI: FMCG shares were trading in the positive zone ahead of the budget in Friday's morning session. Shares of Jubilant Foodworks (up 3.76 per cent), Marico (up 2.60 per cent), Colgate-Palmolive (India) (up 2.03 per cent) and Hindustan Unilever (up 1.56 per cent) were the top performers in the index.

GlaxoSmithKline Consumer Healthcare (up 1.28 per cent), Dabur India (up 1.27 per cent) and ITC (up 0.72 per cent) too were trading higher.

The Nifty FMCG index was trading 0.92 per cent up at 30,073.35 around 10:18 am.

Benchmark NSE Nifty50 index was up 41.75 points at 10,872.70 while the BSE Sensex was up 155.67 points at 36,412.36.

Among the 50 stocks in the Nifty index, 27 were trading in the green, while 23 were in the red.

Shares of Vedanta, YES Bank, SBI, Axis Bank, Ashok Leyland, Zee Entertainment, Bharti Airtel, ICICI Bank, Hindustan Zinc, ITC, Tata Motors, SAIL, Bank of Baroda, Vodafone Idea and NMDC were among the most traded shares on the NSE.




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Category: Stock Market


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