Bharat Express

FMCG

The Indian stock market opened in red on Monday amid weak global cues as selling was seen in the realty, metal, FMCG, PSU bank and auto sectors.

By 9:29 am, the Sensex had dropped 233.24 points or 0.29 per cent to 79,710.47. Meanwhile, the Nifty declined by 56.75 points or 0.23 per cent, trading at 24,131.90.

Sensex traded at 78,573.16, up by 65.75 points or 0.08%, while Nifty stood at 23,766.05, gaining 23.15 points or 0.10% At 9:31 am.

The Indian stock market opened the week down, facing selling pressure in sectors like automobiles, IT, and FMCG.

Top gainers in the Sensex included Bajaj Finance, Bajaj Finserv, HDFC Bank, Nestle India, Tech Mahindra, and TCS. In contrast, NTPC, Power Grid, Mahindra & Mahindra, Tata Motors, and SBI were among the top losers.

In addition to strong performances in large-cap stocks, mid-cap and small-cap stocks also indian equity showed positive movement.

Fast-moving consumer goods behemoth Godrej Consumer Products Ltd will be making an investment of Rs 515 crore in Tamil Nadu.

the share price of Tata Consumer Products increased by more than 2.5 per cent.

FMCG Godrej Consumer Products Ltd (GCPL) announced its plans to acquire Raymond Consumer Care Ltd (RCCL)  on Thursday.

9.8% revenue rise in our FMCG coverage universe in Q4 FY23