Stock market update: FMCG stocks down as market falls

The 30-share BSE Sensex was down 497.43 points at 75796.17

ETMarkets.com

Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.

NEW DELHI: FMCG stocks were trading lower on Wednesday at 11:25AM

Prataap Snacks Ltd.(up 3.83%), Honasa Consumer Ltd.(up 2.85%), Emami Ltd.(up 2.56%), Heritage Foods Ltd.(up 1.68%), LT Foods Ltd.(up 1.63%), Varun Beverages Ltd.(up 1.60%), Tata Consumer Products Ltd.(up 1.44%), Dabur India Ltd.(up 1.42%), Vadilal Industries Ltd.(up 0.87%) and Hatsun Agro Products Ltd.(up 0.34%) were among the top gainers.

Dangee Dums Ltd.(down 5.70%), Umang Dairies Ltd.(down 4.95%), JHS Svendgaard Laboratories Ltd.(down 3.83%), Zydus Wellness Ltd.(down 3.38%), Gopal Snacks Ltd.(down 3.04%), Dodla Dairy Ltd.(down 2.06%), Nakoda Group Of Industries Ltd.(down 2.05%), Hindustan Foods Ltd.(down 2.04%), Gillette India Ltd.(down 1.85%) and Adani Wilmar Ltd.(down 1.58%) were among the top losers.


The NSE Nifty50 index was trading 133.25 points down at 22938.55, while the 30-share BSE Sensex was down 497.43 points at 75796.17 at around 11:25AM.

SBI Life Insurance Company Ltd.(up 2.69%), Apollo Hospitals Enterprise Ltd.(up 1.92%), HDFC Life Insurance Company Ltd.(up 1.86%), Tata Consumer Products Ltd.(up 1.44%), Trent Ltd.(up 0.95%), Shriram Finance Ltd.(up 0.92%), Larsen & Toubro Ltd.(up 0.79%), Bajaj Finserv Ltd.(up 0.73%), Tata Steel Ltd.(up 0.7%) and Tata Motors Ltd.(up 0.65%) were among the top gainers in the Nifty pack.

On the other hand, IndusInd Bank Ltd.(down 2.36%), Bharat Electronics Ltd.(down 2.36%), Hero MotoCorp Ltd.(down 2.23%), ITC Ltd.(down 2.14%), Reliance Industries Ltd.(down 2.02%), Power Grid Corporation of India Ltd.(down 1.67%), Mahindra & Mahindra Ltd.(down 1.66%), Grasim Industries Ltd.(down 1.57%), Adani Ports & Special Economic Zone Ltd.(down 1.4%) and Eicher Motors Ltd.(down 1.35%) were trading in the red.
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