Stock market update: FMCG stocks up as market falls

NEW DELHI: FMCG stocks were trading higher on Tuesday at 10:50AM

Vadilal Industries(up 5.01%), Future Consumer(up 2.86%), Zydus Wellness(up 2.21%), Varun Beverages(up 2.15%), Tasty Bite Eatables(up 1.75%), Parag Milk(up 1.64%), Jyothy Labs(up 1.30%), Heritage Foods(up 1.24%), Umang Dairies(up 1.11%) and Hindustan Foods(up 1.05%) were among the top gainers.

Hatsun Agro Product Ltd(down 2.23%), Emami(down 1.01%), Mrs Bectors Food Specialities(down 0.84%), DFM Foods(down 0.84%), Euro India Fresh Foods(down 0.63%), Gillette India(down 0.62%), Prataap Snacks(down 0.52%), Marico(down 0.51%), Hindustan Unilever(down 0.31%) and P & G Hygiene(down 0.23%) were among the top losers.

The NSE Nifty50 index was trading 47.45 points down at 17443.25, while the 30-share BSE Sensex was down 194.65 points at 58579.22 at around 10:50AM.

Grasim Industries(up 1.9%), Eicher Motors(up 1.84%), Mahindra & Mahindra(up 1.8%), Cipla(up 1.65%), Bajaj Finserv(up 1.62%), Hindalco Industries(up 1.58%), Tata Steel(up 0.9%), State Bank of India(up 0.72%), Bajaj Finance(up 0.69%) and Kotak Mahindra Bank(up 0.65%) were among the top gainers in the Nifty pack.

On the other hand, Adani Ports & Special Economic Zone(down 3.0%), Tech Mahindra(down 2.71%), Infosys(down 2.31%), Tata Consultancy(down 1.75%), HCL Technologies(down 1.71%), Wipro(down 1.32%), Divis Laboratories(down 1.02%), IndusInd Bank(down 0.76%), HDFC Bank(down 0.74%) and Tata Motors(down 0.7%) were trading in the red.