India's Nifty FMCG index lone weekly gainer among major sectors

Varun Beverages

11/07/2025 10:21

** India's Nifty FMCG stocks .NIFTYFMCG up 0.7%, index is one of two sectoral gainers on Friday

** FMCG index logs 2.2% gains for the week so far; it's the only major index to rise this week as of 2:20 p.m. IST

** Godrej Consumer Product's GOCP.NS upbeat Q1 update earlier this week helped lift the index

** On Wednesday, the FMCG index logged gains of 0.8%, led by Hindustan Unilever HLL.NS and Varun Beverages VARB.NS, after Jefferies said the stocks were among its "contrarian" picks in India's consumer sector

** HLL also jumps 5% on Friday after naming new CEO; stock top gainer on the index today

** However, FMCG index is down 1.5% YTD vs 6.5% rise in Nifty 50 index .NSEI

Weekly performance of India's key equity indexes https://reut.rs/44HJhb4

 (Reporting by Nishit Navin in Bengaluru)

 ((nishit.navin@thomsonreuters.com))