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Home BuisnessMarket Insight Stock Market Update: FMCG shares rise as the market declines

Stock Market Update: FMCG shares rise as the market declines

by PratapDarpan
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New Delhi: FMCG stocks were trading higher at 10:36 am on Tuesday

Nakoda Group of Industries Ltd.(3.64%), Varun Beverages Ltd.(2.76%), Dangi Dums Ltd.(2.27%), Parag Milk Foods Ltd.(2.22%), Colgate-Palmolive (India) Ltd. .(up 2.14%), Marico Ltd. (up 1.52%), Vadilal Industries Ltd. (up 1.45%), Euro India Fresh Foods Ltd. (up 1.45%), Britannia Industries Ltd. (up 0.95%) and Sheetal Cool Products Ltd. (0.90%) were among the top beneficiaries.

Gillette India Ltd (down 4.00%), Emami Ltd (down 3.43%), Hindustan Foods Ltd (2.44%), Adani Wilmar Ltd (down 1.72%), Umang Dairy Ltd (down 1.35%), Zydus Wellness Ltd (down 1.25%) down), Honasa Consumer Ltd. (down 0.91%), Dodla Dairy Ltd (down 0.86%), Gopal Snacks Ltd (down 0.30%) and Patanjali Foods Ltd (down 0.22%) were among the top losers.

The NSE Nifty50 index was trading down 35.31 points at 24186.6, while the 30-share BSE Sensex was trading down 139.75 points at 79970.1 around 10:36AM.

Infosys Ltd.(up 1.87%), Asian Paints Ltd.(up 1.47%), LTIMindtree Ltd.(1.26%), Hindalco Industries Ltd.(1.18%), Tata Steel Ltd.(1.13%), Britannia Industries Ltd.( up 1.04%), Tech Mahindra Ltd. (up 1.01%), Shriram Finance Ltd (up 0.89%), JSW Steel Limited (0.77%) and HCL Technologies Ltd. (0.75%) Nifty was among the top gainers in the pack.

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    On the other hand, Adani Enterprises Ltd.(down 2.67%), Ultratech Cement Ltd.(down 2.64%), Adani Ports & Special Economic Zone Ltd.(down 2.2%), Eicher Motors Ltd.(2.09%), Divi’s Laboratories Ltd. (down 1.81%), Bajaj Auto Ltd. (down 1.74%), Larsen & Toubro Ltd. (down 1.19%), NTPC Ltd. (down 1.19%), Bajaj Finserv Ltd. (down 1.13%) and Oil & Natural Gas Corporation Ltd. (down 1.05%) were trading in the red.

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