Stock market update: FMCG stocks down as market rises

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

P & G Hygiene(up 1.79%), Nestle India(up 1.75%), Britannia Industries(up 1.48%), Marico(up 1.19%), Prataap Snacks(up 1.08%), Hindustan Unilever(up 0.82%), Nakoda Group(up 0.72%), Hatsun Agro Product Ltd(up 0.66%), Mrs Bectors Food Specialities(up 0.59%) and TATA CONSUMER PRODUCTS(up 0.55%) stood among the top gainers.

Tasty Bite Eatables(down 7.50%), JHS Svendgaard Laboratories(down 6.73%), DFM Foods(down 5.19%), Emami(down 4.87%), Varun Beverages(down 4.02%), Parag Milk(down 3.29%), Bajaj Consumer(down 2.09%), Umang Dairies(down 1.92%), Hind.Foods(down 1.71%) and Zydus Wellness(down 1.68%) were among the top losers of the day.

The NSE Nifty50 index ended 6.7 points up at 18109.45, while the 30-share BSE Sensex closed up 32.02 points at 60718.71.

Power Grid Corporation of India(up 3.46%), Cipla(up 2.42%), ITC(up 2.23%), Oil & Natural Gas Corporation(up 2.04%), UPL Ltd(up 1.88%), Nestle India(up 1.75%), Britannia Industries(up 1.48%), Asian Paints(up 1.47%), Divis Laboratories(up 1.32%) and Kotak Mahindra Bank(up 1.09%) stood among the top gainers in the Nifty pack.

On the other hand, Coal India(down 4.31%), Tata Steel(down 3.25%), Hindalco Industries(down 2.7%), JSW Steel(down 1.47%), Eicher Motors(down 1.42%), SBI Life(down 1.28%), Shree Cement(down 1.06%), Mahindra & Mahindra(down 1.0%), State Bank of India(down 0.94%) and Bajaj Auto(down 0.93%) closed in the red.

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