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Home / Business and Economy / FMCG Index Surges 2.27% Amidst Market Fluctuations

FMCG Index Surges 2.27% Amidst Market Fluctuations

6 Feb

•

Summary

  • Nifty FMCG index closed 2.27% higher at 51882.75 today.
  • ITC Ltd saw a significant 5.03% increase, boosting the index.
  • FMCG index declined 7.00% over the past year, underperforming Nifty 50.
FMCG Index Surges 2.27% Amidst Market Fluctuations

The Nifty FMCG index concluded trading today with a notable gain of 2.27%, reaching 51882.75. This upward movement saw key stocks like ITC Ltd surge by 5.03%, and Hindustan Unilever Ltd climb by 2.96%. United Breweries Ltd also contributed to the positive sentiment with a 2.76% increase.

Despite today's performance, the broader one-month trend for the Nifty FMCG index shows a decline of 3.00%. Furthermore, over the past year, the index has fallen by 7.00%. This contrasts sharply with the benchmark Nifty 50 index, which has seen a positive increase of 8.86% during the same yearly period.

In the wider market context, other indices showed mixed results. The Nifty IT index dropped by 1.47%, while the Nifty MNC index managed a modest increase of 1.04%. The broader market indices also saw gains, with the Nifty 50 rising by 0.20% to 25693.7 and the SENSEX increasing by 0.32% to 83580.4.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
The Nifty FMCG index closed up 2.27% at 51882.75 today.
ITC Ltd rose 5.03%, Hindustan Unilever Ltd jumped 2.96%, and United Breweries Ltd gained 2.76% contributing to the index's rise.
The Nifty FMCG index has fallen 7.00% over the last year, while the benchmark Nifty 50 index increased by 8.86%.

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