Stock market update: FMCG stocks down as market falls

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

Nakoda Group(up 1.53%), Godrej Consumer Products(up 1.39%), Emami(up 1.21%), Dabur India(up 0.99%), Prataap Snacks(up 0.75%), ADF Foods(up 0.23%) and Mrs Bectors Food Specialities(up 0.11%) stood among the top gainers.

DFM Foods(down 4.11%), Parag Milk(down 3.27%), Vadilal Industries(down 3.08%), Tasty Bite Eatables(down 2.33%), TATA CONSUMER PRODUCTS(down 2.25%), Euro India Fresh Foods(down 1.85%), Hatsun Agro Product Ltd(down 1.83%), Heritage Foods(down 1.52%), Britannia Industries(down 1.39%) and Umang Dairies(down 1.31%) were among the top losers of the day.

The NSE Nifty50 index ended 110.25 points down at 17999.2, while the 30-share BSE Sensex closed down 396.34 points at 60322.37.

Maruti Suzuki(up 7.29%), Mahindra & Mahindra(up 3.44%), Tata Motors(up 2.69%), Hero MotoCorp(up 2.14%), Tech Mahindra(up 1.31%), Eicher Motors(up 0.97%), JSW Steel(up 0.51%), Bajaj Finserv(up 0.44%), Larsen & Toubro(up 0.42%) and Wipro(up 0.39%) stood among the top gainers in the Nifty pack.

On the other hand, Shree Cement(down 3.23%), Reliance Industries(down 2.32%), State Bank of India(down 2.26%), Hindalco Industries(down 2.26%), TATA CONSUMER PRODUCTS(down 2.25%), UltraTech Cement(down 2.09%), NTPC(down 2.08%), IndusInd Bank(down 1.98%), Grasim Industries(down 1.76%) and Cipla(down 1.75%) closed in the red.

Source Link