Finace And Stock

Stock market update: FMCG stocks down as market falls

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

EIFFL(up 4.97%), TATA CONSUMER PRODUCTS(up 2.40%), JHS Svendgaard Laboratories(up 2.34%), Nakoda Group(up 1.88%), Britannia Industries(up 1.45%), Marico(up 1.14%), Dangee Dums(up 0.74%) and P & G Hygiene(up 0.08%) stood among the top gainers.

Hind.Foods(down 4.35%), Emami(down 2.72%), Godrej Consumer Products(down 2.32%), Future Consumer(down 1.97%), Varun Beverages(down 1.96%), Vadilal Industries(down 1.86%), Heritage Foods(down 1.57%), Parag Milk(down 1.53%), Tasty Bite Eatables(down 1.40%) and Nestle India(down 1.23%) were among the top losers of the day.

The NSE Nifty50 index ended 176.3 points down at 17646.0, while the 30-share BSE Sensex closed down 555.15 points at 59189.73.

Oil & Natural Gas Corporation(up 2.72%), TATA CONSUMER PRODUCTS(up 2.4%), UPL Ltd(up 1.77%), Britannia Industries(up 1.45%), HDFC Bank(up 1.22%), Bharat Petroleum Corporation(up 0.75%), HDFC(up 0.35%), Indian Oil Corporation(up 0.15%) and Bajaj Finance(up 0.14%) stood among the top gainers in the Nifty pack.

On the other hand, SBI Life(down 3.95%), Hindalco Industries(down 3.92%), IndusInd Bank(down 3.14%), JSW Steel(down 2.96%), Tata Steel(down 2.81%), Adani Ports & Special Economic Zone(down 2.68%), Tata Motors(down 2.58%), Coal India(down 2.58%), Sun Pharmaceutical Industries(down 2.43%) and Bajaj Auto(down 2.43%) closed in the red.

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