Share market update: FMCG shares trade lower; GCPL slips over 3%

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

Shares of Godrej Consumer Products (down 3.14 per cent), Hindustan Unilever (down 1.89 per cent), United Spirits (down 1.68 per cent) and Jubilant Foodworks (down 1.49 per cent) were the worst performers in the index.

GlaxoSmithKline Consumer Healthcare (down 1.24 per cent), Britannia Industries (down 1.23 per cent), Marico (down 1.16 per cent) and Tata Global Beverages (down 1.09 per cent) too were trading with losses.

The Nifty FMCG index was trading 1.10 per cent down at 29,643.15 around 10:44 am.

Benchmark NSE Nifty50 index was down 153.35 points at 11,657.80 while the BSE Sensex was down 490.47 points at 39,022.92.

Among the 50 stocks in the Nifty index, 5 were trading in the green, while 45 were in the red.

Shares of YES Bank, PNB, Vodafone Idea, Bank of Baroda, SAIL, SBI, Adani Power, NBCC, JSPL and Union Bank India were among the most traded shares on the NSE.