Share market update: Nifty FMCG index down; United Breweries falls 4%

NEW DELHI: The Nifty FMCG index was trading lower with most of its components trading in the red in Friday's afternoon session.

Shares of United Breweries (down 4.01 per cent) , Godrej Consumer Products (down 3.40 per cent) , Marico (down 2.59 per cent) and United Spirits (down 2.39 per cent) were the top losers in the index.

Jubilant Foodworks (down 2.14 per cent), Tata Global Beverages (down 1.88 per cent) and ColgatePalmolive (India) (down 1.80 per cent) too were trading with losses.

The Nifty FMCG index was trading 0.98 per cent down at 29,163.90 around 12:35 pm.

Benchmark NSE Nifty50 index was down 103.40 points at 10,642.65 while the BSE Sensex was down 299.97 points at 35,576.25.

Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.

Shares of YES Bank, Ashok Leyland, ONGC, ITC, Vodafone Idea, SBI, ICICI Bank, Tata Motors, Vedanta, SAIL, Indian Oil Corp, Axis Bank, Sun Pharma, NTPC and JSW Steel were among the most traded shares on the NSE.