Stock market update: FMCG stocks down as market falls

NEW DELHI: FMCG shares closed lower in the Tuesday's session.

Dodla Dairy(up 3.06%), Prataap Snacks(up 0.97%) and Varun Beverages(up 0.48%) stood among the top gainers.

Euro India Fresh Foods(down 4.99%), Nakoda Group(down 4.95%), ADF Foods(down 4.07%), Hindustan Unilever(down 4.04%), Parag Milk(down 3.62%), Heritage Foods(down 3.45%), JHS Svendgaard Laboratories(down 3.05%), Future Consumer(down 2.55%), Bajaj Consumer(down 2.00%) and Colgate Palmolive(India)(down 1.91%) were among the top losers of the day.

The NSE Nifty50 index ended 58.3 points down at 18418.75, while the 30-share BSE Sensex closed down 49.54 points at 61716.05.

Tech Mahindra(up 4.02%), Larsen & Toubro(up 3.22%), Bajaj Finserv(up 2.13%), Infosys(up 1.67%), Kotak Mahindra Bank(up 1.18%), HDFC Bank(up 1.1%), Reliance Industries(up 0.9%), HCL Technologies(up 0.88%), Mahindra & Mahindra(up 0.72%) and HDFC(up 0.41%) stood among the top gainers in the Nifty pack.

On the other hand, ITC(down 6.32%), Tata Motors(down 5.44%), Eicher Motors(down 4.34%), Hindustan Unilever(down 4.04%), Titan Company Ltd(down 4.01%), JSW Steel(down 3.39%), Tata Steel(down 3.13%), UltraTech Cement(down 3.1%), Divis Laboratories(down 2.83%) and Power Grid Corporation of India(down 2.53%) closed in the red.