Stock market update: FMCG stocks down as market rises

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Stock market update: FMCG stocks down as market rises

New Delhi: FMCG stocks closed flat on Wednesday session.

Pratap Snacks Ltd.(up 4.59%), ADF Foods Ltd.(up 2.63%), Dodla Dairy Ltd.(2.18%), Heritage Foods Ltd.(1.99%), Emami Ltd.(1.93%), Patanjali Foods Ltd. (up 1.68%), Colgate-Palmolive(India) Ltd. 1.46%, Britannia Industries Ltd. (up 1.08%), LT Foods Ltd. (0.87%) and Nakoda Group of Industries Ltd. (0.66%) were among the top gainers.

Nakoda Group of Industries Ltd. (down 6.04%), JHS Svendgaard Laboratories Ltd. (down 6.02%), Euro India Fresh Foods Ltd. (down 3.71%), Zydus Wellness Ltd. (down 3.14%), Umang Dairy Ltd. ( 2.64% down), Jyoti Labs Ltd. (2.59% down), Parag Milk Foods Ltd (down 2.43%), Hindustan Foods Ltd. (down 1.78%), Gillette India Ltd (down 1.48%) and Bikaji Foods International Ltd (down 1.47%) were among the day’s top losers.

The NSE Nifty50 index rose 130.7 points to close at 23155.35, while the 30-share BSE Sensex gained 566.63 points to close at 76404.99.

Wipro Ltd.(up 3.61%), Infosys Ltd.(3.1%), Tata Consultancy Services Ltd.(3.0%), Tech Mahindra Ltd.(2.65%), Sun Pharmaceutical Industries Ltd.(2.06%) Bajaj Finserv Ltd.( up 1.54%), Bajaj Finance Ltd.(up 1.45%), HDFC Bank Ltd.(up 1.44%), HCL Technologies Ltd. (1.41%) and Kotak Mahindra Bank Ltd. (1.28%) were among the top gainers in the Nifty pack.

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    On the other hand, Bharat Electronics Ltd. (down 3.11%), Tata Motors Ltd. (down 2.37%), Trent Ltd. (down 1.93%), Power Grid Corporation of India Ltd. (down 1.59%), Axis Bank Ltd. .(down 1.13%), Bharat Petroleum Corporation Ltd. (down 0.93%), HDFC Life Insurance Company Ltd. (down 0.93%), JSW Steel Ltd. (down 0.81%), State Bank of India (down 0.74%) and Oil & Natural Gas Corporation Ltd. (down 0.66%) closed in the red.

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