Stock market update: FMCG stocks down as market falls

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

Nakoda Group(up 4.99%), Heritage Foods(up 4.87%), Vadilal Industries(up 4.66%), P & G Hygiene(up 2.71%), Emami(up 1.67%), Euro India Fresh Foods(up 1.61%), Marico(up 0.79%) and JHS Svendgaard Laboratories(up 0.41%) stood among the top gainers.

Jyothy Labs(down 3.61%), Future Consumer(down 3.33%), Zydus Wellness(down 3.10%), DFM Foods(down 2.94%), Parag Milk(down 2.84%), Varun Beverages(down 2.48%), Tasty Bite Eatables(down 2.47%), Dodla Dairy(down 2.28%), ADF Foods(down 1.75%) and Godrej Consumer Products(down 1.50%) were among the top losers of the day.

The NSE Nifty50 index ended 88.5 points down at 18178.1, while the 30-share BSE Sensex closed down 336.46 points at 60923.5.

Kotak Mahindra Bank(up 6.37%), Tata Motors(up 4.33%), Grasim Industries(up 3.15%), Bharat Petroleum Corporation(up 2.26%), HDFC(up 1.75%), Divis Laboratories(up 1.51%), ICICI Bank(up 1.29%), NTPC(up 1.13%), Coal India(up 1.05%) and Indian Oil Corporation(up 0.84%) stood among the top gainers in the Nifty pack.

On the other hand, Asian Paints(down 5.29%), Hindalco Industries(down 3.74%), Reliance Industries(down 2.88%), Infosys(down 2.7%), Dr Reddys Laboratories(down 2.15%), Tata Steel(down 2.13%), Tata Consultancy(down 2.12%), Hero MotoCorp(down 2.1%), Adani Ports & Special Economic Zone(down 1.96%) and HCL Technologies(down 1.8%) closed in the red.

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