Consumption stocks gain in trade, HUL, Pidilite Ind hit 52-week highs

Shares of consumption names such as Hindustan Unilever (HUL) and Pidilite Industries gained nearly a per cent each to hit their 52-week highs of Rs 1,888.95 and Rs 1,399.80, repectively in the early morning deals on Tuesday.

The stocks, however, pared their gains and were trading flat at 09:52 am. In comparison, the S&P BSE Sensex was ruling 83 points or 0.22 per cent higher at 37,577. 

Britannia Industries, on the other hand, was trading nearly 5 per cent higher at Rs 2,656 apiece on the BSE. The Nifty Consumption index was trading nearly a per cent higher at 4,673.05