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FMCG shares gain


FMCG stocks were trading in the positive zone, with the S&P BSE FMCG Sector index rising 103.96 points or 0.82% at 12839.48 at 09:49 IST.
Among the components of the S&P BSE FMCG Sector index, Venkys (India) Ltd (up 7.89%), Avanti Feeds Ltd (up 4.84%),Waterbase Ltd (up 3.92%),Apex Frozen Foods Ltd (up 3.04%),Bombay Burmah Trading Corporation Ltd (up 1.78%), were the top gainers. Among the other gainers were Colgate-Palmolive (India) Ltd (up 1.4%), ITC Ltd (up 1.38%), Tata Coffee Ltd (up 1.26%), Mrs Bectors Food Specialities Ltd (up 1.01%), and AVT Natural Products Ltd (up 1%).
On the other hand, Dhampur Sugar Mills Ltd (down 3.53%), Dalmia Bharat Sugar & Industries Ltd (down 3.44%), and Bajaj Hindusthan Sugar Ltd (down 2.57%) moved lower. ....

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Indices bounce back; FMCG shares under pressure


Key equity indices bounced from the day s low in mid-afternoon trade. FMCG shares declined for fourth sessions. The Nifty regained the 15,000 mark.
At 14:21 IST, the barometer index, the S&P BSE Sensex, was up 271.16 points or 0.54% to 50,712.23. The Nifty 50 index added 54.40 points or 0.36% at 15,010.60.
Sentiment was lifted by positive global cues. US Dow index futures was up 197 points, indicating a positive opening in the US stocks on Tuesday.
The broader market underperformed the benchmark indices. The S&P BSE Mid-Cap index slipped 1.10%. The S&P BSE Small-Cap index shed 0.92%.
Sellers outnumbered buyers. On the BSE, 1100 shares rose and 1819 shares fell. A total of 200 shares were unchanged. ....

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