FMCG shares in focus; Hindustan Unilever, Britannia hit record highs

Hindustan Unilever, Britannia, Emami, GSK Consumer and Marico were up over 2%

Shares of fast moving consumer goods (FMCG) companies were in focus with the Hindustan Unilever and Britannia Industries hitting their respective record highs on the National Stock Exchange (NSE) in early morning trade after India Meteorological Department (IMD) estimated above average monsoon rainfall in 2017. An expected recovery in rural demand on expectation of good monsoons augurs well for the FMCG sector.
 
At 10:01 am; Nifty FMCG index, the largest gainer among sectoral indices, was up 1.8% against 0.69% rise in the benchmark Nifty 50 index.

Hindustan Unilever, Britannia Industries, Emami, GlaxoSmithKline Consumer Healthcare, Marico, Dabur India, Colgate Palmolive