Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
FMCG stocks have underperformed the market, falling 2.2 per cent so far in 2014.
On October 16, Nestl received the go-ahead to resume manufacturing Maggi.
According to Coffee Board, exports from India, which accounts for 4.5% of global output, fell 17% in the first half of the year.
Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.
'Maggi noodles belong to the consumers.'
Nepal is testing Nestle's Maggi noodles imported from India for lead content and may impose a ban on the popular instant snack if the level of toxic chemical is found to be above permissible limit, officials said.
While larger companies like Nestle India, Britannia and the like are often mentioned, some mid-cap companies are also expected to grow at a rapid clip.
Markets ended higher, amid firm global cues, and are on track for third straight day of gains.
The court had provided a conditional relief to Nestle India.
Iron-rich noodles and vitamin-rich beverages are some products launched by segment majors
'Maggi is linked to the lives of many people; not just the organisation.'
Five of twelve labs lack accreditation from National Accreditation Board for Testing and Calibration Laborataries.
The Maggi controversy is likely to be a stepping stone in the evolution of country's packaged and processed food industry.
After Delhi, four more states -- Gujarat, Tamil Nadu, Jammu and Kashmir and Uttarakhand - on Thursday banned the sale of Maggi noodles, as the popular instant snack came under mounting scrutiny over food safety concerns.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
But the 30-share Sensex rose by 141.52 points, or 0.41 per cent, to close at 34,297.47. The broader NSE Nifty gained 44.60- points, or 0.42 per cent, to end at 10,545.50 after touching a high of 10,618.10.
The government has filed a lawsuit against Swiss food firm Nestle's Indian unit, seeking Rs 640 crore ($99 million) in damages on behalf of consumers after the country's worst packaged food scare in a decade.
The FSSAI issued an order to test more brands of noodles, pastas.
The labs have been asked to submit their report within six weeks.
This is not the first time Gujarat Cooperative Milk Marketing Federation that owns brand Amul has chosen an unconventional method to protect its brand.
Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting
While Reliance Retail did not comment, sources said the company will have to follow order, at least in Delhi.
Attorney General Mukul Rohtagi is representing the government.
Nestle is sure to go for a relaunch of the noodles soon enough with an advertising blitz,
In many respects, the Nestle-FSSAI tussle is a test case for regulator-company relations in India. Maggi ban and the ensuing courtroom drama is a study in itself
The watchdog says there were lapses in the tests
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Other noodle, pasta brands in scanner after Maggi.
We are surrounded by food that is contaminated, adulterated and does not meet Indian safety and packaging standards, says Abheet Singh Sethi/IndiaSpend.com.
Punishing brand ambassadors shows that the government is only interested in going after the low hanging fruit, says Tanmaya Nanda.
Regulator's to-do list includes guidelines on traceability mechanism, food recall portal.
ITC claimed sales of its noodles have increased by at least three times in Rajasthan.
Banking shares saw a renewed buying interest on the hopes of a rate-cut by the central bank post the easing of macro-economic data.
Investors indulged in buying beaten down blue chips at lower and attractive levels.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
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