Stock market update: FMCG stocks down as market falls

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

ADF Foods(up 2.26%), Emami(up 1.00%), Zydus Wellness(up 0.69%), Nestle India(up 0.23%) and Colgate Palmolive(India)(up 0.14%) stood among the top gainers.

Parag Milk(down 5.47%), TATA CONSUMER PRODUCTS(down 5.09%), Dangee Dums(down 3.91%), Euro India Fresh Foods(down 3.46%), DFM Foods(down 3.14%), Nakoda Group(down 3.06%), Dodla Dairy(down 3.01%), Varun Beverages(down 3.01%), Bajaj Consumer(down 2.87%) and Future Consumer(down 2.82%) were among the top losers of the day.

The NSE Nifty50 index ended 509.8 points down at 17026.45, while the 30-share BSE Sensex closed down 1687.94 points at 57107.15.

Cipla(up 7.42%), Dr Reddys Laboratories(up 3.47%), Divis Laboratories(up 2.88%), Nestle India(up 0.23%) and Tata Consultancy(up 0.03%) stood among the top gainers in the Nifty pack.

On the other hand, JSW Steel(down 7.67%), Hindalco Industries(down 6.72%), Tata Motors(down 6.61%), IndusInd Bank(down 5.99%), Adani Ports & Special Economic Zone(down 5.94%), Bharat Petroleum Corporation(down 5.81%), Maruti Suzuki(down 5.31%), Tata Steel(down 5.23%), Oil & Natural Gas Corporation(down 5.16%) and TATA CONSUMER PRODUCTS(down 5.09%) closed in the red.

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