Liquor stocks extend gains; Globus Spirits, United Breweries up over 5%

Globus Spirits was locked in 5 per cent upper circuit for the second straight day

Shares of breweries & distilleries companies were trading higher for the second straight day at the bourses on Thursday after the government, in 'Unlock 4.0' guidelines, relaxed the ban on serving liquor at pubs. The guidelines and standard operating procedures (SoPs) in this regard, however, are to be issued by the states.

United Breweries, Globus Spirits, United Spirits, and Radico Khaitan were up 2 per cent to 6 per cent on the BSE. In comparison, the S&P BSE Sensex was up 0.10 per cent at 39,126 points at 10:50 am.

Among individual stocks, United Breweries rose 6 per