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    Stock market update: FMCG stocks up as market falls

    Synopsis

    The 30-share BSE Sensex was down 351.03 points at 65161.07

    macdGetty Images
    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    NEW DELHI: FMCG stocks were trading higher on Wednesday at 10:34AM

    Dodla Dairy(up 4.66%), Umang Dairies(up 4.57%), Adani Wilmar(up 3.45%), Emami(up 1.94%), Hatsun Agro Product Ltd(up 1.83%), Tasty Bite Eatables(up 1.57%), Nestle India(up 1.38%), ADF Foods(up 1.11%), P & G Hygiene(up 0.89%) and Gillette India(up 0.83%) were among the top gainers.

    JHS Svendgaard Laboratories(down 4.60%), Marico(down 2.12%), Varun Beverages(down 1.15%), Parag Milk(down 1.07%), Jyothy Labs(down 1.00%), Mrs Bectors Food Specialities(down 0.89%), Prataap Snacks(down 0.79%), Bajaj Consumer(down 0.77%), TATA CONSUMER PRODUCTS(down 0.60%) and Hindustan Foods(down 0.59%) were among the top losers.

    The NSE Nifty50 index was trading 103.65 points down at 19425.1, while the 30-share BSE Sensex was down 351.03 points at 65161.07 at around 10:34AM.

    Nestle India Ltd.(up 1.36%), HDFC Bank Ltd.(up 1.1%), Bharat Petroleum Corporation Ltd.(up 0.9%), Adani Enterprises Ltd.(up 0.75%), Eicher Motors Ltd.(up 0.56%), Hindustan Unilever Ltd.(up 0.49%), Dr. Reddy's Laboratories Ltd.(up 0.4%), ITC Ltd.(up 0.15%), Hero MotoCorp Ltd.(up 0.05%) and Britannia Industries Ltd.(up 0.03%) were among the top gainers in the Nifty pack.

    On the other hand, IndusInd Bank Ltd.(down 3.15%), Axis Bank Ltd.(down 2.69%), Bajaj Finserv Ltd.(down 2.04%), Maruti Suzuki India Ltd.(down 1.88%), Tech Mahindra Ltd.(down 1.64%), UltraTech Cement Ltd.(down 1.56%), ICICI Bank Ltd.(down 1.47%), State Bank of India(down 1.44%), Sun Pharmaceutical Industries Ltd.(down 1.32%) and Apollo Hospitals Enterprise Ltd.(down 1.32%) were trading in the red.
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