The BSE Fast Moving Consumer Goods is one of the top gaining indices on Wednesday. It is up by 1.1% at 10281. ITC and Hindustan Unilever together are contributing to the index gains and pulling it to a higher level.
ITC is up by 0.9% at Rs 313 per share and HUL is up by 1.7% at Rs 1111 per share.
Other stocks in the index such as Pioneer Distilleries is up by 11.9% at Rs 186 per share, Venky’s (India) is up by 10.7% at Rs 1385 per share, Colgate-Palmolive (India) is up by 3.2% at Rs 1059 per share, SH Kelkar and Company is up by 3% at Rs 287 per share and Godrej Consumer Products is also up by 2.1% at Rs 1858 per share.
Dalmia Bharat Sugar, Advanced Enzyme Technologies and Dhampur Sugar Mills are trading in the red territory.
At 12 PM, the S&P BSE Sensex is trading at 31299 up 109 points, while NSE Nifty is trading at 9665 up 28 points. A total of 45 stocks registered a fresh 52-week high in trade today, while 34 stocks touched a new 52-week low on the NSE.
The BSE mid-cap Index is trading up 0.44% at 14797, while BSE small-cap Index is trading up 0.81% at 15434.
Some buying activity is seen in Healthcare, FMCG and Metal indices, while Information Technology index is showing weakness on BSE.
M&M, Vedanta, HUL and ICICI Bank are among the gainers, whereas BPCL, Tata Motors, Yes Bank and TCS are losing on the NSE.
The INDIA VIX is down 1.4% at 10.9.
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