BSE FMCG index hits new high; Godrej Consumer, Dabur, ITC up over 3%

In past two weeks, the FMCG index has outperformed the market by surging 7% after private forecaster Skymet said monsoon in India is likely to be normal

Shares of fast moving consumer goods (FMCG) companies were in focus with the S&P BSE Index up more than 2% hitting a new high on the BSE.

The FMCG index hit record high of 11,085 in intra-day trade surpassed its previous high of 11,047 recorded on February 1, 2018.

At 01:47 pm; the S&P BSE FMCG index, the largest gainer among sectoral indices, was up 2.1% as compared to 0.45% rise in the S&P BSE Sensex.

In past two weeks, the FMCG index has outperformed the market by surging 7% after private forecaster Skymet said monsoon in