Business Standard

NiftyFMCG index

Stock trading guide for today: How to approach pharma, FMCG counters?

Technical indicators such as the RSI, MACD, and Stochastic are showing signs of potential correction and underperformance for the Nifty Pharma index

Stock trading guide for today: How to approach pharma, FMCG counters?
Updated On : 24 May 2024 | 6:45 AM IST

Nestle India shareholders vote against increase in royalty to Swiss parent

About 70.8% of public shareholders voted against the increase, a filing showed

Nestle India shareholders vote against increase in royalty to Swiss parent
Updated On : 18 May 2024 | 1:05 PM IST

HUL Q4 results preview: Here's what brokerage expect from the FMCG giant

According to analysts, the company's revenue and profit for the quarter under review may remain little changed as demand trends remain muted

HUL Q4 results preview: Here's what brokerage expect from the FMCG giant
Updated On : 23 Apr 2024 | 3:32 PM IST

FSSAI to probe composition of Nestle's Cerelac baby cereals sold in India

The Consumer Affairs Ministry on Friday said it has asked the food safety regulator FSSAI to investigate the composition of Nestle's Cerelac baby cereals sold in India, amid a global report that claimed the company was adding higher sugar content in the product. According to findings by Swiss NGO, Public Eye and International Baby Food Action Network (IBFAN), Nestle sold baby products with higher sugar content in less developed South Asian countries including India, Africa and Latin American nations as compared to markets in Europe. "We have written to the FSSAI to take cognizance of the report on Nestle's baby product," Consumer Affairs Secretary and Central Consumer Protection Authority (CCPA) chief Nidhi Khare told PTI. In the letter written to FSSAI, Khare said it has come to the notice of the Department of Consumer Affairs through various news articles regarding the practices of Nestle company in India, particularly concerning the composition of the Nestle Cerelac cereals. As

FSSAI to probe composition of Nestle's Cerelac baby cereals sold in India
Updated On : 19 Apr 2024 | 2:02 PM IST

Strong global cues lift domestic markets; Nifty, Sensex rise 0.9% each

The expiry of derivatives contracts also added to the volatility

Strong global cues lift domestic markets; Nifty, Sensex rise 0.9% each
Updated On : 28 Mar 2024 | 11:15 PM IST

Elevated inflation trends may dig a deeper hole for FMCG stocks: Analysts

Investors have shunned consumer stocks with shares of HUL, ITC, Britannia, Godrej Consumer, Tata Consumer, and Nestle India dropping in the range of 1-11 per cent in a month

Elevated inflation trends may dig a deeper hole for FMCG stocks: Analysts
Updated On : 25 Aug 2023 | 10:17 PM IST

FMCGs extend fall on RBI's warning of higher inflation; more pain on cards?

Barring Varun Beverages that reached a new all-time high and Colgate Palmolive (India), other FMCG stocks trade fragile.

FMCGs extend fall on RBI's warning of higher inflation; more pain on cards?
Updated On : 17 Aug 2023 | 12:06 PM IST

Jyothy Labs Q1FY24 result: Profits up 101.7% YoY, revenue rises 15%

The company expects that the government's push towards raising rural incomes will result in a growth in rural consumption which the company is likely to benefit from

Jyothy Labs Q1FY24 result: Profits up 101.7% YoY, revenue rises 15%
Updated On : 25 Jul 2023 | 1:02 PM IST

FMCG index likely to hit 50,000; ITC, Britannia, Marico may rally up to 20%

The FMCG index has risen 10 per cent since the start of the current year, with ITC, Nestle India, Radico Khaitan, and Varun Beverages zoomed 31 per cent, 12 per cent, 11 per cent and 10 per cent each

FMCG index likely to hit 50,000; ITC, Britannia, Marico may rally up to 20%
Updated On : 08 May 2023 | 11:58 AM IST

Traders can adopt sell-on-rise strategy for FMCG, auto shares: Ravi Nathani

According to the technical analyst, he recommends traders to adopt sell side position for Nifty Metal index or wait for bearish correction to culminate before commencing accumulation at support levels

Traders can adopt sell-on-rise strategy for FMCG, auto shares: Ravi Nathani
Updated On : 08 Feb 2023 | 8:14 AM IST

Tech view: Check key levels on Sensex, Nifty as trend remains indecisive

The overall sentiment towards the market has remained indecisive and ambiguous, with market participants waiting for a clear direction

Tech view: Check key levels on Sensex, Nifty as trend remains indecisive
Updated On : 12 Jan 2023 | 11:52 AM IST

Brokerages positive on Godrej Consumer on growth recovery, lower costs

Extent of margin gains will depend on extent of ad spends and price cuts

Brokerages positive on Godrej Consumer on growth recovery, lower costs
Updated On : 15 Dec 2022 | 11:01 PM IST

FMCG index surges nearly 2%; ITC, Dabur, Marico, HUL, GCPL rally up to 6%

Normal monsoons, good harvest & increase in MSP will drive demand in rural markets in the near/medium term, according to analysts.

FMCG index surges nearly 2%; ITC, Dabur, Marico, HUL, GCPL rally up to 6%
Updated On : 29 Nov 2022 | 12:14 PM IST

Sensex snaps seven-day winning run, falls 288 pts; Nifty50 ends at 17,656

Profit-booking comes to play, investors dump FMCG, pvt banking stocks

Sensex snaps seven-day winning run, falls 288 pts; Nifty50 ends at 17,656
Updated On : 25 Oct 2022 | 10:05 PM IST

FMCG beat market blues; charts hint 15% upside for ITC, Varun Beverages

The Nifty FMCG index hit a fresh all-time high on Thursday even as the key benchmark indices wilted under selling pressure, tracking losses in global markets.

FMCG beat market blues; charts hint 15% upside for ITC, Varun Beverages
Updated On : 22 Sep 2022 | 1:08 PM IST

Markets posts biggest weekly gain in two months as benchmarks add 3% each

Softening bond yields, moderation in FPI selling boost sentiment; both indices are now up 6% from year's low, but still down over 12% from their record high levels seen last October

Markets posts biggest weekly gain in two months as benchmarks add 3% each
Updated On : 08 Jul 2022 | 11:13 PM IST

FMCG shares under pressure; HUL, Godrej Consumer, Nestle slide up to 4%

Despite the correction, analysts at HDFC Securities expects more valuation risks in the next few years

FMCG shares under pressure; HUL, Godrej Consumer, Nestle slide up to 4%
Updated On : 22 Mar 2022 | 1:22 PM IST

Top headlines: Omicron upsets business plans; NHRC seeks report on Nagaland

Russia's military buildup on the border with Ukraine will be the focus of talks between Joe Biden and Vladimir Putin. More on that story in our top headlines.

Top headlines: Omicron upsets business plans; NHRC seeks report on Nagaland
Updated On : 07 Dec 2021 | 8:34 AM IST

Biscuit maker Britannia's stock rally to continue on demand revival

Its stock price is up 20% since the beginning of August, against 10% rally in Sensex

Biscuit maker Britannia's stock rally to continue on demand revival
Updated On : 02 Sep 2021 | 11:45 PM IST

Nestle India hits new high of Rs 20,000; stock up 13% so far in August

On July 29, 2021 the board approved scheme of arrangement, which envisages the transfer of the entire balance of Rs 837.43 crore standing to the credit of the general reserve to the retained earnings

Nestle India hits new high of Rs 20,000; stock up 13% so far in August
Updated On : 23 Aug 2021 | 1:36 PM IST