Stock market update: FMCG stocks down as market rises

NEW DELHI: FMCG shares closed higher in the Monday's session.

Nakoda Group(up 3.79%), Dodla Dairy(up 2.47%), Zydus Wellness(up 1.12%), Dangee Dums(up 0.90%), Parag Milk(up 0.86%) and Hindustan Unilever(up 0.07%) stood among the top gainers.

Vadilal Industries(down 9.56%), Prataap Snacks(down 5.00%), ADF Foods(down 4.30%), Hind.Foods(down 3.69%), Emami(down 3.66%), DFM Foods(down 2.76%), Bajaj Consumer(down 2.64%), Euro India Fresh Foods(down 2.49%), Umang Dairies(down 2.34%) and Tasty Bite Eatables(down 2.32%) were among the top losers of the day.

The NSE Nifty50 index ended 10.5 points up at 18125.4, while the 30-share BSE Sensex closed up 145.43 points at 60967.05.

ICICI Bank(up 10.85%), Axis Bank(up 3.48%), Oil & Natural Gas Corporation(up 2.77%), JSW Steel(up 0.97%), Dr Reddys Laboratories(up 0.83%), State Bank of India(up 0.71%), Cipla(up 0.61%), Hindalco Industries(up 0.6%), Tech Mahindra(up 0.44%) and Mahindra & Mahindra(up 0.32%) stood among the top gainers in the Nifty pack.

On the other hand, Bharat Petroleum Corporation(down 3.48%), SBI Life(down 3.21%), Bajaj Finserv(down 3.06%), Bajaj Auto(down 2.66%), HCL Technologies(down 2.4%), Tata Motors(down 2.24%), Asian Paints(down 2.16%), Wipro(down 2.15%), Hero MotoCorp(down 2.09%) and Maruti Suzuki(down 2.0%) closed in the red.