Stock market update: FMCG stocks down as market falls

NEW DELHI: FMCG stocks were trading lower on Wednesday at 10:19AM

P & G Hygiene(up 1.32%), Hatsun Agro Product Ltd(up 1.26%), Zydus Wellness(up 0.30%), Tasty Bite Eatables(up 0.18%) and Gillette India(up 0.09%) were among the top gainers.

Future Consumer(down 4.41%), Varun Beverages(down 3.14%), Euro India Fresh Foods(down 3.10%), Jyothy Labs(down 2.38%), Parag Milk(down 2.32%), Hindustan Unilever(down 1.73%), TATA CONSUMER PRODUCTS(down 1.72%), Heritage Foods(down 1.39%), Vadilal Industries(down 1.19%) and Dabur India(down 1.19%) were among the top losers.

The NSE Nifty50 index was trading 137.8 points down at 17063.0, while the 30-share BSE Sensex was down 396.92 points at 56959.69 at around 10:19AM.

Reliance Industries(up 1.36%), Hero MotoCorp(up 0.56%), HDFC Bank(up 0.26%) and HDFC(up 0.09%) were among the top gainers in the Nifty pack.

On the other hand, Bajaj Finance(down 4.75%), Hindalco Industries(down 3.23%), Bajaj Finserv(down 2.79%), Wipro(down 2.27%), Bharat Petroleum Corporation(down 2.11%), Coal India(down 2.06%), Apollo Hospitals Enterprises(down 2.05%), Shree Cement(down 1.95%), Infosys(down 1.8%) and UPL Ltd(down 1.8%) were trading in the red.