Stock market update: FMCG stocks down as market rises

NEW DELHI: FMCG stocks were trading lower on Friday at 11:11AM

Prataap Snacks(up 3.84%), ADF Foods(up 2.01%), P & G Hygiene(up 1.50%), Future Consumer(up 1.43%), Emami(up 1.01%), Vadilal Industries(up 0.79%), TATA CONSUMER PRODUCTS(up 0.73%), Dodla Dairy(up 0.71%), Britannia Industries(up 0.68%) and Hindustan Unilever(up 0.61%) were among the top gainers.

Godrej Consumer Products(down 3.41%), DFM Foods(down 3.28%), Heritage Foods(down 1.70%), Hatsun Agro Product Ltd(down 1.64%), Euro India Fresh Foods(down 1.24%), Nakoda Group(down 0.86%), Mrs Bectors Food Specialities(down 0.77%), Parag Milk(down 0.58%), Hind.Foods(down 0.53%) and Dangee Dums(down 0.50%) were among the top losers.

The NSE Nifty50 index was trading 61.0 points up at 17934.6, while the 30-share BSE Sensex was up 172.21 points at 60091.9 at around 11:11AM.

HDFC LIFE INSURANCE(up 2.16%), Hindalco Industries(up 2.06%), Tech Mahindra(up 1.88%), Adani Ports & Special Economic Zone(up 1.31%), Eicher Motors(up 1.17%), Wipro(up 1.12%), Mahindra & Mahindra(up 1.12%), Infosys(up 1.04%), Oil & Natural Gas Corporation(up 1.04%) and Bharti Airtel(up 0.93%) were among the top gainers in the Nifty pack.

On the other hand, Bajaj Auto(down 2.35%), Tata Steel(down 1.83%), State Bank of India(down 0.89%), NTPC(down 0.77%), Power Grid Corporation of India(down 0.6%), Tata Motors(down 0.55%), Axis Bank(down 0.51%), UltraTech Cement(down 0.45%), Hero MotoCorp(down 0.39%) and Shree Cement(down 0.32%) were trading in the red.

Source Link