Lever, FMCG scrips push Sensex up 42 pts
Led by Hindustan Lever and pharma stocks, the stock markets recovered after a 99 point drop on Tuesday. The FMCG giant and index heavyweight hit a new all-time high at Rs 2,600 on the BSE before closing at Rs 2,578.

Pharma and consumer goods take centre-stage
After a rush for cyclicals, it is now the turn of pharma and FMCG stocks to take centerstage. The stocks from these sectors recorded sharp gains on Wednesday with as many as six stocks in BSE's group A exhausting the 8% upper limit.

FIIs are here to stay, says Sun F&C AMC CEO
Foreign institutional investors will continue to invest in the Indian stock market as long as it gives good growth opportunities and marked returns compared to the other economies in the region, said Sun F&C Asset Management Company chief executive officer Nikhil Khattau.

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