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Major FMCG companies, including Hindustan Unilever, Dabur India and Britannia Industries, are planning calibrated price hikes due to rising crude-linked inflation, packaging costs and fuel expenses. Consumers may also face reduced product grammage amid global supply-chain disruptions
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Nifty midcap 100 index was up 147 points or 0.24 per cent at 60,860 and Nifty smallcap 100 index was up 37 points or 0.19 per cent at 19,586
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After a volatile session, the 30-share BSE index ended 202.22 points or 0.42 per cent lower at 47,878.45
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The 30-share BSE index was trading 510.31 points or 1.04 per cent higher at 49,518.81, and the broader NSE Nifty surged 162.70 points or 1.12 per cent to 14,670.
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The 30-share BSE index ended 535.57 points or 1.13 per cent lower at 46,874.36.
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After opening strong, the stock indices gave up gains due to profit booking by investors.
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Reliance Industries Ltd (RIL), TCS, Hindustan Unilever Ltd (HUL), Infosys, Kotak Mahindra Bank and Bharti Airtel were the six winners on the top-10 chart
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UltraTech Cement was the top loser in the Sensex pack, shedding around 3 per cent, followed by M&M, HDFC Bank, IndusInd Bank, Axis Bank and Reliance Industries.
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Similarly, the broader NSE Nifty rose 97.20 points or 0.73 per cent to an all-time closing high of 13,355.75. It touched its record intra-day peak of 13,366.65 in early trade.
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The company has come out with a range of surface cleaning & laundry products, and fruit and vegetable cleaner
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Lacklustre cues from global markets also kept domestic investors on the edge, traders said. The 30-share BSE Sensex ended 172.61 points or 0.43 per cent lower at 39,749.85.
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The 30-share BSE index was trading 365.19 points or 0.91 per cent lower at 39,557.27. Similarly, the broader NSE Nifty tumbled 106.90 points or 0.91 per cent to 11,622.70.
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In the previous session, Sensex surged 376.60 points or 0.94 per cent to finish at 40,522.10, while Nifty climbed 121.65 points or 1.03 per cent to 11,889.40.
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Exchange data showed that foreign institutional investors bought equities worth Rs 978.37 crore on a net basis on Thursday.