Indian stock market, April 9 -- Defying weakness in the broader market, Indian FMCG stocks traded in the green on Wednesday, April 9, as investors reacted positively to the RBI's repo rate cut and downward revision of the inflation forecast, raising optimism that it would boost consumer goods volumes in the new fiscal year.

Amid this positive sentiment, the Nifty FMCG index jumped 2%, hitting the day's high of 55,412 points, with 14 out of 15 constituents trading in positive territory.

Among the top gainers, Emami led the pack with a 4.5% rise, followed by Godrej Consumer Products, Nestle India, Colgate-Palmolive, Marico, HUL, Britannia Industries, and Dabur India, which traded with gains between 2% and 3.3% as of 1:15 P.M.

As widely e...