Share market update: FMCG shares trade lower; Jubilant Foodworks slips 3%

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

Shares of Jubilant Foodworks (down 3.20 per cent), Emami (down 2.24 per cent), United Spirits (down 2.23 per cent) and United Breweries (down 1.84 per cent) were the worst performers in the index.

Britannia Industries (down 1.29 per cent), ITC (down 1.26 per cent), ColgatePalmolive (India) (down 1.20 per cent) and Hindustan Unilever (down 0.55 per cent) too were trading lower.

The Nifty FMCG index was trading 0.87 per cent down at 29,338.20 around 10:47 am.

Benchmark NSE Nifty50 index was down 81.25 points at 11,477.35 while the BSE Sensex was down 242.24 points at 38,478.33.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

Shares of YES Bank, PNB, Vodafone Idea, Titan Company, Indian Oil Corp, Dish TV India, PFC, BEL, REC and Ashok Leyland were among the most traded shares on the NSE.