Stock market update: FMCG stocks down as market falls

NEW DELHI: FMCG stocks were trading lower on Thursday at 10:40AM

Varun Beverages(up 2.50%), Heritage Foods(up 1.30%), Hatsun Agro Product Ltd(up 1.24%), Gillette India(up 0.58%), Dodla Dairy(up 0.24%), Marico(up 0.18%), P & G Hygiene(up 0.18%), Emami(up 0.09%), Vadilal Industries(up 0.04%) and Britannia Industries(up 0.03%) were among the top gainers.

Nakoda Group(down 3.80%), JHS Svendgaard Laboratories(down 2.20%), Umang Dairies(down 2.17%), DFM Foods(down 2.08%), ADF Foods(down 1.42%), Bajaj Consumer(down 1.36%), Godrej Consumer Products(down 1.25%), Jyothy Labs(down 1.03%), Prataap Snacks(down 0.99%) and Parag Milk(down 0.81%) were among the top losers.

The NSE Nifty50 index was trading 142.05 points down at 18068.9, while the 30-share BSE Sensex was down 430.52 points at 60712.81 at around 10:40AM.

IndusInd Bank(up 5.87%), Larsen & Toubro(up 3.06%), Maruti Suzuki(up 1.62%), UltraTech Cement(up 1.48%), Bajaj Auto(up 0.68%), Divis Laboratories(up 0.64%), Shree Cement(up 0.63%), Asian Paints(up 0.45%), Mahindra & Mahindra(up 0.28%) and Hero MotoCorp(up 0.1%) were among the top gainers in the Nifty pack.

On the other hand, Adani Ports & Special Economic Zone(down 6.42%), Oil & Natural Gas Corporation(down 3.7%), ITC(down 3.19%), Coal India(down 2.85%), Hindalco Industries(down 2.76%), ICICI Bank(down 2.36%), Tata Steel(down 2.2%), Titan Company Ltd(down 1.92%), State Bank of India(down 1.86%) and Tata Motors(down 1.82%) were trading in the red.

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