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Nifty FMCG index extends gains to 8th straight session, hits 2-month high

Dabur India and Jubliant FoodWorks have hit their respective 52-week highs, while Tata Global Beverages and Nestle India were trading close to 52-week highs on the NSE on Thursday.

Nifty FMCG index extends gains to 8th straight session, hits 52-week high
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SI Reporter Mumbai
Shares of fast moving consumer goods (FMCG) companies were trading actively on the  Nifty FMCG index, which was trading higher for the eighth straight day, on Thursday on expectations of recovery in demand.

At 10:05 am, Nifty FMCG Index was up 0.53 per cent, as compared to a 0.30 per cent rise in the benchmark Nifty50 index. The FMCG index hit an intra-day high of 31,508 points, its highest level since November 15, 2019.

Dabur India and Jubliant FoodWorks hit their respective 52-week highs today, while Tata Global Beverages and Nestle India were trading close to their 52-week highs on

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