Stock market update: FMCG stocks down as market rises

NEW DELHI: FMCG stocks were trading lower on Tuesday at 10:40AM

Dodla Dairy(up 7.19%), Prataap Snacks(up 2.09%), Hindustan Unilever(up 1.73%), Nestle India(up 0.90%), TATA CONSUMER PRODUCTS(up 0.72%), Dangee Dums(up 0.53%), Godrej Consumer Products(up 0.38%), Varun Beverages(up 0.26%), Emami(up 0.25%) and Gillette India(up 0.06%) were among the top gainers.

Nakoda Group(down 3.87%), JHS Svendgaard Laboratories(down 2.86%), Heritage Foods(down 2.58%), Euro India Fresh Foods(down 1.87%), ADF Foods(down 1.79%), Hatsun Agro Product Ltd(down 1.62%), Parag Milk(down 1.61%), Hind.Foods(down 1.29%), Future Consumer(down 1.27%) and Vadilal Industries(down 0.95%) were among the top losers.

The NSE Nifty50 index was trading 39.45 points up at 18516.5, while the 30-share BSE Sensex was up 196.45 points at 61962.04 at around 10:40AM.

Larsen & Toubro(up 2.97%), Tech Mahindra(up 2.31%), Hindustan Unilever(up 1.74%), HCL Technologies(up 1.64%), Wipro(up 1.54%), Reliance Industries(up 1.09%), Bajaj Finserv(up 1.04%), Infosys(up 0.91%), Coal India(up 0.86%) and Nestle India(up 0.84%) were among the top gainers in the Nifty pack.

On the other hand, ITC(down 3.66%), Eicher Motors(down 2.26%), Divis Laboratories(down 1.8%), UltraTech Cement(down 1.76%), Titan Company Ltd(down 1.55%), JSW Steel(down 1.22%), Oil & Natural Gas Corporation(down 1.17%), Dr Reddys Laboratories(down 1.05%), Tata Motors(down 1.0%) and Shree Cement(down 0.81%) were trading in the red.

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