Stock market update: FMCG stocks down as market falls

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

Nakoda Group(up 4.31%), Hatsun Agro Product Ltd(up 4.23%), Emami(up 2.83%), Dangee Dums(up 1.16%), Tasty Bite Eatables(up 1.03%), Britannia Industries(up 0.28%) and Colgate Palmolive(India)(up 0.03%) stood among the top gainers.

Dodla Dairy(down 5.51%), Bajaj Consumer(down 5.17%), Euro India Fresh Foods(down 4.98%), Parag Milk(down 4.85%), Varun Beverages(down 3.90%), DFM Foods(down 3.16%), Prataap Snacks(down 3.00%), Hind.Foods(down 2.51%), TATA CONSUMER PRODUCTS(down 2.32%) and Nestle India(down 2.11%) were among the top losers of the day.

The NSE Nifty50 index ended 348.25 points down at 17416.55, while the 30-share BSE Sensex closed down 1170.12 points at 58465.89.

Bharti Airtel(up 3.88%), Asian Paints(up 1.07%), JSW Steel(up 0.99%), Power Grid Corporation of India(up 0.88%), Hindalco Industries(up 0.42%), Cipla(up 0.35%), Britannia Industries(up 0.28%) and Grasim Industries(up 0.21%) stood among the top gainers in the Nifty pack.

On the other hand, Bajaj Finance(down 5.7%), Oil & Natural Gas Corporation(down 5.02%), Bajaj Finserv(down 4.73%), Tata Motors(down 4.63%), Reliance Industries(down 4.43%), NTPC(down 3.81%), Indian Oil Corporation(down 3.75%), Titan Company Ltd(down 3.51%), State Bank of India(down 3.45%) and Kotak Mahindra Bank(down 3.41%) closed in the red.

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