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