FMCG stocks higher as FM announces changes in new tax regime
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Stock related to FMCG sector trades higher after, Finance Minister Nirmala Sitharaman announced that changes in new tax regime -- Standard deduction proposed to increased to Rs 75,000 from Rs 50,000.
ITC is currently trading at Rs. 479.15, up by 12.85 points or 2.76% from its previous closing of Rs. 466.30 on the BSE. The scrip opened at Rs. 467.05 and has touched a high and low of Rs. 481.25 and Rs. 466.55 respectively. So far 711540 shares were traded on the counter.
Godrej Consumer Products is currently trading at Rs. 1492.55, up by 21.85 points or 1.49% from its previous closing of Rs. 1470.70 on the BSE. The scrip opened at Rs. 1451.00 and has touched a high and low of Rs. 1516.60 and Rs. 1451.00 respectively. So far 27967 shares were traded on the counter.
Tata Consumer Products is currently trading at Rs. 1224.45, up by 21.85 points or 1.82% from its previous closing of Rs. 1202.60 on the BSE. The scrip opened at Rs. 1216.00 and has touched a high and low of Rs. 1240.05 and Rs. 1200.45 respectively. So far 71873 shares were traded on the counter.
