Stock market update: FMCG stocks up as market falls

Stock market update: FMCG stocks up as market falls
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The 30-share BSE Sensex was down 4.25 points at 59027.05

Reuters
Nifty continues to climb a wall of worry as it looks to be in the final leg of its rally before heading for a correction.
NEW DELHI: FMCG stocks were trading higher on Wednesday at 10:45AM

Jyothy Labs(up 6.54%), Emami(up 2.37%), Tasty Bite Eatables(up 2.15%), Varun Beverages(up 1.90%), Vadilal Industries(up 1.66%), Zydus Wellness(up 1.21%), Dodla Dairy(up 1.18%), Bajaj Consumer(up 0.94%), Euro India Fresh Foods(up 0.94%) and Hindustan Foods(up 0.83%) were among the top gainers.

Nakoda Group(down 1.67%), Parag Milk(down 1.61%), P & G Hygiene(down 0.72%), TATA CONSUMER PRODUCTS(down 0.72%), Britannia Industries(down 0.56%), Nestle India(down 0.55%), DFM Foods(down 0.47%), Dabur India(down 0.43%), Colgate Palmolive(India)(down 0.38%) and Umang Dairies(down 0.37%) were among the top losers.

The NSE Nifty50 index was trading 0.2 points up at 17577.7, while the 30-share BSE Sensex was down 4.25 points at 59027.05 at around 10:45AM.

Oil & Natural Gas Corporation(up 2.28%), IndusInd Bank(up 2.13%), Enterprises(up 1.78%), HDFC LIFE INSURANCE(up 1.43%), NTPC(up 1.23%), Coal India(up 0.7%), SBI Life(up 0.58%), ICICI Bank(up 0.58%), Power Grid Corporation of India(up 0.53%) and ITC(up 0.46%) were among the top gainers in the Nifty pack.

On the other hand, Divis Laboratories(down 1.71%), Tata Consultancy(down 0.82%), Bharat Petroleum Corporation(down 0.81%), TATA CONSUMER PRODUCTS(down 0.72%), Tata Steel(down 0.7%), Tech Mahindra(down 0.65%), Dr Reddys Laboratories(down 0.63%), Titan Company Ltd(down 0.61%), Asian Paints(down 0.56%) and Grasim Industries(down 0.55%) were trading in the red.
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