Stock market update: Nifty FMCG index cracks over 2%; Dabur, HUL, ITC among top losers
NEW DELHI: The Nifty FMCG index was trading 2.47 per cent down at 31,317 around 2 pm on Tuesday with all components in the red.
Jubilant Foodworks (down 5.03 per cent), United Breweries (down 4.66 per cent), Dabur India (down 4.37 per cent), Tata Global Beverages (down 3.87 per cent) and Hindustan Unilever (HUL)(down 3.85 per cent) were the top losers in the index.
Britannia Industries (down 3.14 per cent), Godrej Industries (down 3.09 per cent), Colgate-Palmolive (India) (down 2.59 per cent) and Godrej Consumer Products (down 2.34 per cent) fell up to 3 per cent.
Marico (down 1.65 per cent), ITC (down 1.64 per cent), Emami (down 1.37 per cent), United Spirits (down 0.76 per cent), GlaxoSmithKline Consumer Healthcare (down 0.41 per cent) and Procter & Gamble Hygiene & Healthcare (down 0.39 per cent) also suffered losses.
Benchmark NSE Nifty50 index was down 46 points at 11,536, while the BSE Sensex was 94 points down at 38,218.
Among the 50 stocks in the Nifty index, 9 were trading in the green, while 41 were in the red.
Infosys, Tech Mahindra, HCL Technologies, Tata Consultancy Services and Wipro were among the top gainers, while Ultratech Cement, Hindustan Unilever, Titan Company, Asian Paints and Indiabulls Housing Finance were among the top losers in the Nifty index.
Jubilant Foodworks (down 5.03 per cent), United Breweries (down 4.66 per cent), Dabur India (down 4.37 per cent), Tata Global Beverages (down 3.87 per cent) and Hindustan Unilever (HUL)(down 3.85 per cent) were the top losers in the index.
Britannia Industries (down 3.14 per cent), Godrej Industries (down 3.09 per cent), Colgate-Palmolive (India) (down 2.59 per cent) and Godrej Consumer Products (down 2.34 per cent) fell up to 3 per cent.
Marico (down 1.65 per cent), ITC (down 1.64 per cent), Emami (down 1.37 per cent), United Spirits (down 0.76 per cent), GlaxoSmithKline Consumer Healthcare (down 0.41 per cent) and Procter & Gamble Hygiene & Healthcare (down 0.39 per cent) also suffered losses.
Benchmark NSE Nifty50 index was down 46 points at 11,536, while the BSE Sensex was 94 points down at 38,218.
Among the 50 stocks in the Nifty index, 9 were trading in the green, while 41 were in the red.
Infosys, Tech Mahindra, HCL Technologies, Tata Consultancy Services and Wipro were among the top gainers, while Ultratech Cement, Hindustan Unilever, Titan Company, Asian Paints and Indiabulls Housing Finance were among the top losers in the Nifty index.