Stock market update: FMCG stocks down as market falls

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

Parag Milk(up 3.91%), Euro India Fresh Foods(up 2.44%), Britannia Industries(up 2.12%), Godrej Consumer Products(up 1.71%), Hatsun Agro Product Ltd(up 1.12%), Colgate Palmolive(India)(up 0.89%), TATA CONSUMER PRODUCTS(up 0.81%), Umang Dairies(up 0.40%), P & G Hygiene(up 0.36%) and Dabur India(up 0.34%) stood among the top gainers.

Emami(down 2.52%), Varun Beverages(down 1.90%), Tasty Bite Eatables(down 1.70%), Marico(down 1.46%), Vadilal Industries(down 1.28%), Hindustan Unilever(down 1.28%), Heritage Foods(down 1.24%), Hind.Foods(down 1.09%), Jyothy Labs(down 0.93%) and Mrs Bectors Food Specialities(down 0.88%) were among the top losers of the day.

The NSE Nifty50 index ended 27.05 points down at 18017.2, while the 30-share BSE Sensex closed down 80.63 points at 60352.82.

UPL Ltd(up 3.34%), Bharti Airtel(up 3.12%), Mahindra & Mahindra(up 3.08%), Britannia Industries(up 2.12%), Sun Pharmaceutical Industries(up 1.22%), Reliance Industries(up 1.12%), ITC(up 0.92%), Bajaj Finserv(up 0.85%), Eicher Motors(up 0.83%) and TATA CONSUMER PRODUCTS(up 0.81%) stood among the top gainers in the Nifty pack.

On the other hand, IndusInd Bank(down 3.37%), Hindalco Industries(down 3.2%), Tata Steel(down 2.8%), Coal India(down 2.23%), JSW Steel(down 2.11%), SBI Life(down 1.95%), Hindustan Unilever(down 1.28%), Asian Paints(down 1.17%), Power Grid Corporation of India(down 1.15%) and Titan Company Ltd(down 1.09%) closed in the red.

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