Stock market update: FMCG stocks down as market falls

Stock market update: FMCG stocks down as market falls
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The 30-share BSE Sensex closed down 276.46 points at 54088.39

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India 10-year bond yield fell 0.41 per cent to 5.89 after trading in 5.87-5.91 range
NEW DELHI: FMCG shares closed lower in the Wednesday's session.

Euro India Fresh Foods(up 1.36%), Godrej Consumer Products(up 1.23%), Dabur India(up 0.91%), Gillette India(up 0.81%), Prataap Snacks(up 0.45%), Industries(up 0.41%), Dodla Dairy(up 0.39%) and Emami(up 0.36%) stood among the top gainers.

Nakoda Group(down 9.99%), Future Consumer(down 8.33%), Tasty Bite Eatables(down 6.47%), JHS Svendgaard Laboratories(down 6.00%), Vadilal Industries(down 4.85%), Bajaj Consumer(down 3.75%), Varun Beverages(down 3.00%), Parag Milk(down 2.71%), ADF Foods(down 2.63%) and DFM Foods(down 2.19%) were among the top losers of the day.

The NSE Nifty50 index ended 72.95 points down at 16167.1, while the 30-share BSE Sensex closed down 276.46 points at 54088.39.

Oil & Natural Gas Corporation(up 2.69%), Axis Bank(up 1.91%), IndusInd Bank(up 1.38%), Cipla(up 1.24%), HDFC(up 0.81%), INSURANCE(up 0.78%), Kotak Mahindra Bank(up 0.71%), JSW Steel(up 0.57%), SBI Life(up 0.56%) and HDFC Bank(up 0.56%) stood among the top gainers in the Nifty pack.

On the other hand, Shree Cement(down 3.78%), Larsen & Toubro(down 2.31%), Bajaj Finserv(down 2.2%), Bajaj Finance(down 2.05%), NTPC(down 1.87%), of India(down 1.83%), Bharat Petroleum Corporation(down 1.8%), Infosys(down 1.69%), Suzuki(down 1.59%) and ITC(down 1.58%) closed in the red.

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