Stock market update: FMCG stocks down as market falls

NEW DELHI: FMCG stocks were trading lower on Friday at 11:20AM

Jyothy Labs(up 4.43%), Parag Milk(up 4.22%), Varun Beverages(up 3.98%), Bajaj Consumer(up 2.75%), Hindustan Foods(up 2.41%), Umang Dairies(up 1.83%), Sheetal Cool Products(up 1.72%), Zydus Wellness(up 1.20%), Colgate Palmolive(India)(up 0.88%) and Dodla Dairy(up 0.84%) were among the top gainers.

Future Consumer(down 3.13%), Nakoda Group(down 1.84%), TATA CONSUMER PRODUCTS(down 1.64%), Hindustan Unilever(down 1.49%), ADF Foods(down 1.33%), Euro India Fresh Foods(down 1.12%), Nestle India(down 1.07%), Heritage Foods(down 1.06%), Hatsun Agro Product Ltd(down 1.02%) and Dabur India(down 0.86%) were among the top losers.

The NSE Nifty50 index was trading 107.85 points down at 18704.65, while the 30-share BSE Sensex was down 378.52 points at 62905.67 at around 11:20AM.

Oil & Natural Gas Corporation(up 1.39%), Enterprises(up 1.32%), Grasim Industries(up 1.22%), Adani Ports & Special Economic Zone(up 0.68%), Tech Mahindra(up 0.64%), Bajaj Finserv(up 0.63%), Tata Steel(up 0.5%), Coal India(up 0.38%), Bharat Petroleum Corporation(up 0.35%) and Dr Reddys Laboratories(up 0.15%) were among the top gainers in the Nifty pack.

On the other hand, Eicher Motors(down 2.69%), Mahindra & Mahindra(down 2.18%), Divis Laboratories(down 1.88%), Cipla(down 1.76%), TATA CONSUMER PRODUCTS(down 1.64%), Bajaj Auto(down 1.61%), Hindustan Unilever(down 1.49%), Tata Consultancy(down 1.37%), UPL Ltd(down 1.25%) and Hero MotoCorp(down 1.21%) were trading in the red.