Stock market update: FMCG stocks down as market rises

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NEW DELHI: FMCG stocks were trading lower on Thursday at 10:44AM

Future Consumer(up 2.56%), Dangee Dums(up 2.48%), JHS Svendgaard Laboratories(up 1.38%), DFM Foods(up 1.38%), Zydus Wellness(up 0.94%), Marico(up 0.71%), Britannia Industries(up 0.70%), Colgate Palmolive(India)(up 0.32%), Gillette India(up 0.20%) and Varun Beverages(up 0.15%) were among the top gainers.

Tasty Bite Eatables(down 3.68%), Vadilal Industries(down 2.35%), ADF Foods(down 1.90%), Hatsun Agro Product Ltd(down 1.73%), Parag Milk(down 1.32%), TATA CONSUMER PRODUCTS(down 1.24%), Godrej Consumer Products(down 1.08%), Bajaj Consumer(down 1.06%), Nakoda Group(down 0.93%) and Emami(down 0.88%) were among the top losers.



The NSE Nifty50 index was trading 25.3 points up at 15824.4, while the 30-share BSE Sensex was up 124.47 points at 53151.44 at around 10:44AM.

Axis Bank(up 1.89%), Kotak Mahindra Bank(up 1.8%), HDFC LIFE INSURANCE(up 1.61%), Power Grid Corporation of India(up 1.54%), State Bank of India(up 1.21%), Maruti Suzuki(up 1.09%), SBI Life(up 0.91%), Britannia Industries(up 0.7%), NTPC(up 0.63%) and Reliance Industries(up 0.58%) were among the top gainers in the Nifty pack.

On the other hand, Bajaj Auto(down 3.38%), Cipla(down 2.5%), Oil & Natural Gas Corporation(down 1.88%), TATA CONSUMER PRODUCTS(down 1.24%), UPL Ltd(down 1.06%), Tech Mahindra(down 1.05%), Eicher Motors(down 0.84%), Bajaj Finance(down 0.81%), Coal India(down 0.79%) and HCL Technologies(down 0.75%) were trading in the red.



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