Stock market update: FMCG stocks down as market falls

NEW DELHI: FMCG stocks were trading lower on Monday at 10:24AM

Nestle India(up 1.74%), Marico(up 1.04%) and Britannia Industries(up 0.30%) were among the top gainers.

Parag Milk(down 7.64%), Dangee Dums(down 6.56%), JHS Svendgaard Laboratories(down 5.68%), Prataap Snacks(down 5.48%), Varun Beverages(down 5.41%), Hatsun Agro Product Ltd(down 4.13%), Heritage Foods(down 3.98%), Nakoda Group(down 3.96%), Tasty Bite Eatables(down 3.90%) and Umang Dairies(down 3.57%) were among the top losers.

The NSE Nifty50 index was trading 298.0 points down at 17029.35, while the 30-share BSE Sensex was down 897.6 points at 57201.32 at around 10:24AM.

Nestle India(up 1.74%), Infosys(up 0.58%), HCL Technologies(up 0.57%), Britannia Industries(up 0.3%) and Divis Laboratories(up 0.11%) were among the top gainers in the Nifty pack.

On the other hand, Hindalco Industries(down 5.92%), Power Grid Corporation of India(down 5.8%), Tata Motors(down 5.58%), Eicher Motors(down 4.94%), Tata Steel(down 4.65%), Apollo Hospitals Enterprises(down 4.65%), Adani Ports & Special Economic Zone(down 4.33%), UPL Ltd(down 4.1%), Maruti Suzuki(down 3.94%) and Oil & Natural Gas Corporation(down 3.85%) were trading in the red.