Share market update: FMCG shares trade lower; Dabur down over 2%

NEW DELHI: FMCG shares were trading lower in Wednesday's morning session.

Shares of Dabur India (down 2.28 per cent), Marico (down 2.17 per cent), Emami (down 2.12 per cent) and Godrej Industries (down 1.92 per cent) were trading with losses.

United Breweries (down 1.90 per cent), ColgatePalmolive (India) (down 1.23 per cent), Godrej Consumer Products (down 1.22 per cent), and Jubilant Foodworks (down 1.14 per cent) too were trading in the red.

The Nifty FMCG index was trading 0.76 per cent down at 29,331.70 around 10:49 am.

Benchmark NSE Nifty50 index was down 75.95 points at 11,421.95 while the BSE Sensex was down 246.01 points at 38,030.62.

Among the 50 stocks in the Nifty index, 7 were trading in the green, while 42 were in the red.

Shares of Vodafone Idea, DHFL, YES Bank, ZEEL, Dish TV India, Vedanta, Suzlon Energy, Reliance Capital, Tata Motors and PC Jeweller were among the most traded shares on the NSE.