FMCG shares in focus; Hindustan Unilever, Nestle India near record highs

Britannia, Dabur India, ITC, and Emami gained over 5 per cent each on the NSE

Shares of fast moving consumer goods (FMCG) companies gained on Tuesday with Nestle India and Hindustan Unilever (HUL) ralliying up to 5 per cent in intra-day trade as analysts see limited impact on the sector due to the COVID-19 outbreak. Both these stocks are trading close to their respective record high levels on the National Stock Exchange (NSE).

Besides, Britannia Industries, Dabur India, ITC, and Emami from the Nifty FMCG index also gained over 5 per cent each, while Tata Consumer Products, Colgate Palmolive (India), Marico, and Godrej Consumer Products (GCPL) were up in the range of 3 per