Colgate-Palmolive gains; Credit Suisse upgrades

Reuters Market Eye - Colgate-Palmolive (India) Ltd shares up 2.4 percent.

Credit Suisse upgrades to "outperform" from "underperform."

Says consumer goods sector seeing "improving consumption growth, easing input costs and benign competition".

Says Colgate-Palmolive would benefit as competitive risk from Procter & Gamble Hygiene and Health Care Ltd has abated.

Marico Ltd also gains 1.1 percent.

Credit Suisse calls Marico its top pick in the mid-cap consumer space.

(Reporting by Abhishek Vishnoi)