Stock market update: FMCG stocks down as market falls

NEW DELHI: FMCG stocks were trading lower on Monday at 10:04AM

Umang Dairies(up 6.26%), Vadilal Industries(up 1.59%) and Dangee Dums(up 0.12%) were among the top gainers.

Nakoda Group(down 4.36%), ADF Foods(down 3.22%), Hind.Foods(down 3.14%), Parag Milk(down 2.55%), JHS Svendgaard Laboratories(down 2.47%), Bajaj Consumer(down 2.46%), Dodla Dairy(down 2.41%), Zydus Wellness(down 2.20%), P & G Hygiene(down 1.93%) and Heritage Foods(down 1.87%) were among the top losers.

The NSE Nifty50 index was trading 137.55 points down at 17138.75, while the 30-share BSE Sensex was down 428.65 points at 57404.32 at around 10:04AM.

Shree Cement(up 0.5%), NTPC(up 0.34%), Power Grid Corporation of India(up 0.28%), IndusInd Bank(up 0.23%) and ICICI Bank(up 0.01%) were among the top gainers in the Nifty pack.

On the other hand, Coal India(down 3.95%), Titan Company Ltd(down 2.47%), Oil & Natural Gas Corporation(down 2.23%), UPL Ltd(down 2.2%), Mahindra & Mahindra(down 1.94%), HDFC LIFE INSURANCE(down 1.9%), Hero MotoCorp(down 1.88%), Hindalco Industries(down 1.86%), Bharat Petroleum Corporation(down 1.73%) and Adani Ports & Special Economic Zone(down 1.65%) were trading in the red.