Nifty FMCG Stocks Shine as RBI Repo Rate Cut; Emami, Nestle, Colgate, Godrej and Marico Lead Gains in Sector

After the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) reduced the inflation prediction for FY26 from 4.2% to 4%, fast-moving consumer goods (FMCG) stocks gained traction in a weaker market on Wednesday.

The RBI MPC, led by Governor Sanjay Malhotra voted to reduce the repo rate by 25 basis points, from 6.25 percent to 6 percent. Following the RBI's decision, the FMCG index then jumped to an intraday high of 55,066.60, up by 1.41 percent.

Stock Market April 9: Nifty FMCG Stocks Today

At 12.11 pm, the Nifty FMCG index was trading 1.73% higher at 55,241.50 level, up by 941.25 points. In comparison, the Nifty50 index was trading 0.49 percent lower at 22,424.60 level by 111.25 points.

TOP FMCG Stock Gainers Today

The NIFTY50 FMCG index saw notable gains, with several stocks leading the charge. Emami Ltd received the highest gain, with its stock rising by 4.29%, reaching Rs 607.15. Nestle India followed closely, up 3.39%, with an LTP of Rs 2,352.60. Colgate Palmolive saw a 2.85% increase, bringing its LTP to Rs 2,509.40, while Godrej Consumer Products gained 2.74%, reaching Rs 1,230.00. Marico also experienced a rise of 2.52%, with an LTP of Rs 695.20.

Other FMCG stocks also witnessed strong gains, with HUL up 2.08% to Rs 2,337, and Britannia climbing 1.75% to Rs 5,270.05. Dabur increased by 1.49% to Rs 465.85 whereas Tata Consumer rose 1.45% to Rs 1,085.30.

In addition, several other notable stocks in the FMCG sector saw positive movement. ITC rose 1.39% to Rs 418.30, UBL increased 1.92% to Rs 2,035, United Spirits gained 1.39% to Rs 1,444.95, and VBL climbed 1.71% to Rs 549.65.

However, among the top losers in FMCG stocks, Radico rose 1.05% to Rs 2,347.75 followed by Patanjali advanced 0.47% to Rs 1,825.45.

RBI MPC Projects India's inflation at 4% in FY26

Governor Sanjay Malhotra on Wednesday in the RBI MPC meeting announced, "CPI inflation for the financial year 2025-26 is projected at 4.0 per cent, with Q1 at 3.6 per cent; Q2 at 3.9 per cent; Q3 at 3.8 per cent; and Q4 at 4.4 per cent. The risks are evenly balanced."

"MPC noted that inflation below the target currently, supported by huge fall in food prices. Moreover, there is decisive improvement in the inflation outlook. As per projections, there is now greater confidence of durable alignment of headline inflation with a target of 4% over the 12 months horizon," said the RBI governor.

The latest data from the RBI shows that inflation, measured by the Consumer Price Index (CPI), dropped by 1.6 percentage points from January to February 2025. It decreased from 5.2% in December 2024 to just 3.6% in February 2025. This drop was mainly due to a high seasonal drop in vegetable prices, which helped bring the overall inflation down.