Stock market update: FMCG stocks down as market rises

NEW DELHI: FMCG stocks were trading lower on Thursday at 10:44AM

Vadilal Industries(up 3.55%), P & G Hygiene(up 0.83%), Hatsun Agro Product Ltd(up 0.82%), TATA CONSUMER PRODUCTS(up 0.81%), Parag Milk(up 0.69%), Emami(up 0.46%), Hind.Foods(up 0.44%), DFM Foods(up 0.39%), Nestle India(up 0.20%) and Gillette India(up 0.09%) were among the top gainers.

Varun Beverages(down 3.21%), Nakoda Group(down 2.14%), Zydus Wellness(down 2.08%), Bajaj Consumer(down 1.65%), Dabur India(down 1.52%), Heritage Foods(down 1.40%), Prataap Snacks(down 1.20%), Marico(down 0.90%), Colgate Palmolive(India)(down 0.85%) and Godrej Consumer Products(down 0.81%) were among the top losers.

The NSE Nifty50 index was trading 121.15 points up at 17584.95, while the 30-share BSE Sensex was up 413.6 points at 58879.57 at around 10:44AM.

Oil & Natural Gas Corporation(up 3.39%), HDFC(up 2.0%), HDFC Bank(up 1.8%), Power Grid Corporation of India(up 1.72%), Tata Steel(up 1.64%), State Bank of India(up 1.49%), Kotak Mahindra Bank(up 1.41%), JSW Steel(up 1.38%), Infosys(up 1.26%) and Bajaj Finserv(up 1.23%) were among the top gainers in the Nifty pack.

On the other hand, Bharat Petroleum Corporation(down 1.28%), Maruti Suzuki(down 1.16%), Asian Paints(down 0.72%), Hero MotoCorp(down 0.61%), Bharti Airtel(down 0.54%), Coal India(down 0.5%), Britannia Industries(down 0.48%), SBI Life(down 0.4%), Shree Cement(down 0.39%) and Hindustan Unilever(down 0.38%) were trading in the red.