Stock market update: FMCG stocks down as market rises

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

Dangee Dums(up 2.97%), Varun Beverages(up 1.92%), Bajaj Consumer(up 1.55%), Dodla Dairy(up 0.82%), Hatsun Agro Product Ltd(up 0.70%), Prataap Snacks(up 0.62%), JHS Svendgaard Laboratories(up 0.44%), DFM Foods(up 0.31%), Vadilal Industries(up 0.22%) and Tasty Bite Eatables(up 0.05%) were among the top gainers.

Nakoda Group(down 4.98%), Hindustan Foods(down 3.11%), Future Consumer(down 2.78%), Parag Milk(down 1.51%), Colgate Palmolive(India)(down 1.23%), ADF Foods(down 1.13%), Marico(down 1.04%), Dabur India(down 0.92%), TATA CONSUMER PRODUCTS(down 0.80%) and Britannia Industries(down 0.71%) were among the top losers.

The NSE Nifty50 index was trading 25.55 points up at 18428.95, while the 30-share BSE Sensex was up 126.03 points at 61999.02 at around 11:25AM.

Kotak Mahindra Bank(up 2.44%), Dr Reddys Laboratories(up 1.41%), Eicher Motors(up 1.4%), Wipro(up 1.02%), Tata Consultancy(up 0.98%), Infosys(up 0.73%), HCL Technologies(up 0.73%), Tech Mahindra(up 0.66%), Coal India(up 0.52%) and Cipla(up 0.49%) were among the top gainers in the Nifty pack.

On the other hand, Hindalco Industries(down 1.85%), JSW Steel(down 1.56%), Divis Laboratories(down 1.42%),

Enterprises(down 1.26%), Tata Steel(down 1.11%), HDFC LIFE INSURANCE(down 1.05%), Bajaj Finance(down 1.01%), UPL Ltd(down 0.94%), NTPC(down 0.93%) and TATA CONSUMER PRODUCTS(down 0.8%) were trading in the red.

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