FMCG stocks: Stock market update: FMCG stocks slip; Nestle sheds nearly 3%


NEW DELHI: FMCG stocks had been buying and selling on a damaging notice at 01:54PM (IST) on Wednesday.

Shares of Nestle India (down 2.69 per cent), Emami (down 1.47 per cent), Hindustan Unilever (down 1.38 per cent), P & G Hygiene (down 1.29 per cent) and United Spirits (down 0.81 per cent) had been the highest losers within the index.

While VBL (up 4.76 per cent), Marico (up 1.09 per cent), Colgate Palmolive (India) (up 0.69 per cent), Jubilant Foodworks (up 0.24 per cent) and Tata Consumer Products (up 0.1 per cent) had been among the many high gainers.

The Nifty FMCG index was buying and selling 0.79 per cent down at 33459.2 round 01:54PM.

Benchmark NSE Nifty50 index was down 94.20 factors at 15219.25, whereas the BSE Sensex was down 348.54 factors at 51755.63.

Among the 50 stocks within the Nifty index, 16 had been buying and selling within the inexperienced, whereas 34 had been within the pink.

Shares of PNB, Vodafone Idea, Central Bank of India, and Bank of India had been among the many most traded shares on the NSE.

Shares of Bank of Maharashtra, IOB, Bank of India, Happiest Minds and Dr Lal Pathlabs hit their recent 52 week excessive in right now’s commerce, whereas Vera Synthetic Ltd., Jiya Eco Products Ltd., Sanwaria Consumer Ltd., We Win Ltd. and Shri Ram Switchgears Ltd. hit recent 52 week low in commerce.

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