Stock market update: FMCG stocks down as market falls

NEW DELHI: FMCG shares closed lower in the Friday’s session.

EIFFL(up 4.85%), Varun Beverages(up 1.40%), Heritage Foods(up 1.26%), Colgate Palmolive(India)(up 1.10%), Hatsun Agro Product Ltd(up 1.07%), Nestle India(up 0.54%), Bajaj Consumer(up 0.42%), Marico(up 0.37%), Dabur India(up 0.15%) and Vadilal Industries(up 0.12%) stood among the top gainers.

Nakoda Group(down 3.09%), DFM Foods(down 2.51%), Umang Dairies(down 2.23%), Zydus Wellness(down 1.93%), TATA CONSUMER PRODUCTS(down 1.52%), Prataap Snacks(down 1.47%), Dodla Dairy(down 1.27%), Godrej Consumer Products(down 0.93%), Jyothy Labs(down 0.71%) and Emami(down 0.71%) were among the top losers of the day.

The NSE Nifty50 index ended 86.1 points down at 17532.05, while the 30-share BSE Sensex closed down 360.78 points at 58765.58.

Mahindra & Mahindra(up 3.09%), Coal India(up 1.94%), Indian Oil Corporation(up 1.68%), Dr Reddys Laboratories(up 1.54%), Oil & Natural Gas Corporation(up 1.21%), UltraTech Cement(up 1.18%), Power Grid Corporation of India(up 1.03%), Sun Pharmaceutical Industries(up 1.02%), HDFC LIFE INSURANCE(up 0.98%) and JSW Steel(up 0.89%) stood among the top gainers in the Nifty pack.

On the other hand, Bajaj Finserv(down 3.42%), Maruti Suzuki(down 2.4%), Asian Paints(down 2.06%), Bajaj Finance(down 1.9%), Bharti Airtel(down 1.8%), HDFC(down 1.55%), TATA CONSUMER PRODUCTS(down 1.52%), NTPC(down 1.37%), ICICI Bank(down 1.21%) and Tata Consultancy(down 1.2%) closed in the red.

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