India 10-year bond yield rose 0.37 per cent to 6 after trading in 5.99-6.01 range.

NEW DELHI: FMCG stocks were trading lower on Thursday at 10:50AM

Nakoda Group(up 4.96%), Umang Dairies(up 0.95%) and P & G Hygiene(up 0.33%) were among the top gainers.

Parag Milk(down 3.04%), Hatsun Agro Product Ltd(down 2.93%), Heritage Foods(down 2.63%), Euro India Fresh Foods(down 2.58%), Tasty Bite Eatables(down 2.37%), Vadilal Industries(down 2.22%), Future Consumer(down 2.14%), Marico(down 2.13%), DFM Foods(down 2.02%) and Jyothy Labs(down 1.74%) were among the top losers.

The NSE Nifty50 index was trading 163.65 points down at 17735.0, while the 30-share BSE Sensex was down 488.15 points at 59520.18 at around 10:50AM.

Power Grid Corporation of India(up 0.65%), Hindalco Industries(up 0.38%), Asian Paints(up 0.33%) and HDFC Bank(up 0.21%) were among the top gainers in the Nifty pack.

On the other hand, Tata Motors(down 4.5%), HCL Technologies(down 2.83%), Larsen & Toubro(down 2.4%), Hero MotoCorp(down 2.39%), Mahindra & Mahindra(down 2.28%), Eicher Motors(down 2.22%), Tech Mahindra(down 2.2%), Dr Reddys Laboratories(down 2.0%), Adani Ports & Special Economic Zone(down 2.0%) and Bajaj Finserv(down 2.0%) were trading in the red.

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Stock market update: FMCG stocks down as market falls

The 30-share BSE Sensex was down 488.15 points at 59520.18