ITC, ICICI Bank, JSW Steel, Tata Steel and Tata Consumer Products were among the top gainers on the Nifty, while losers were Adani Enterprises, Adani Ports, HDFC Life, SBI Life Insurance and Bajaj Finserv.

Taking Stock | Market ends mixed amid wild swings on Budget day; FMCG stocks shine

The 30-share BSE Sensex closed up 909.64 points at 60841.88

Stock market update: FMCG stocks down as market rises

Britannia Industries, incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 111301.63 Crore) operating in FMCG sector.

Motilal Oswal Financial Services neutral on Britannia Industries; target price: Rs 4600

Tapering price growth and weak volumes slowed down growth in the quarter, according to data by NielsenIQ

FMCG sector slows down in Dec quarter as price growth tapers: NielsenIQ

Rural volume growth too in negative trajectory for the sixth consecutive quarter

FMCG sector’s value growth drops 1.6% in December quarter: NielsenIQ

The country’s Fast-moving consumer goods (FMCG) industry witnessed a consumption slowdown in the December quarter, with an overall “negative” volume growth, as consumers continue to reel under inflationary pressure, says a report.

FMCG industry witnesses consumption slowdown in the Dec quarter: Report

Share Market Close: Indian stock market remained volatile on Wednesday as Adani stocks continued to drag. Sensex ended 225 pts higher while Nifty closed flat. Adani Enterprises and Adani Ports shed 27% and 7%, respectively, while ITC and Britannia jumped. IT and FMCG stocks gained.

FMCG, IT lift Sensex 220 pts; Adani Ent, Adani Ports keep Nifty flat

According to the report released by data analytics firm NielsenIQ on Thursday, in October-December, the FMCG industry grew 7.6 per cent in terms of value but its volume growth was (-) 0.3 per cent.

FMCG consumption continues to decline with negative volume growth in December quarter: Report

Growth in India’s fast-moving consumer goods (FMCG) industry slowed in the last three months of 2022 from the previous quarter as rural shoppers spent less on washing powder and shampoo, market intelligence firm NielsenIQ said on Thursday.

India’s FMCG industry slows on dull rural, non-food demand: NielsenIQ

The FMCG industry expects the government’s special focus on the agriculture sector in the Union Budget 2023-24 would help to regain rural growth while providing more disposable income to the middle class and reviving volume growth.

FMCG industry expects recovery in rural growth, consumer spending on track

The FMCG sector, which has been battling challenges of muted rural demand, is also hoping to witness an uptick in demand from the lower middle income and rural households

Budget 2023: White goods, retail, FMCG sectors betting on consumption boost

Nifty FMCG Index is designed to reflect the behaviour of FMCGs Indian companies from (Fast Moving Consumer Goods) (FMCG) sector. The rescheduling of index constituents happens bi-annually every year.

Nifty FMCG Index

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