INSUBCONTINENT EXCLUSIVE:
Authors: JordanNEW DELHI: The Nifty FMCG index closed Thursday's session with a loss of 1.15 per cent.
The index settled at 28,486 with all
United Spirits (down 2.65 per cent) stood as the top loser of the index, followed by Godrej Industries (down 2.47 per cent), United
Breweries (down 2.47 per cent), Colgate-Palmolive (India) (down 2.43 per cent), Emami (down 2.28 per cent) and Tata Global Beverages (down
2.08 per cent).
GlaxoSmithKline Consumer Healthcare (down 1.85 per cent), Britannia Industries (down 1.62 per cent), Marico (down 1.59 per
cent), Hindustan Unilever (down 1.34 per cent), Procter Gamble Hygiene Healthcare (down 0.97 per cent), ITC (down 0.78 per cent), Dabur
India (down 0.51 per cent), Godrej Consumer Products (down 0.48 per cent) and Jubilant Foodworks (down 0.15 per cent) were also among the
losers in the index.
Key equity indices closed in the red on account of strong selling in IT, capital goods, auto and FMCG stocks amid weak
global cues as tariff woes between the US and China returned, ahead of trade talks between the two countries.
The BSE Sensex slipped 73
points, or 0.21 per cent, to stop at 35,103, while the Nifty50 index fell 38 points or 0.36 per cent to end the day at 10,680.
In the Nifty
index, 17 stocks closed the day in the green, while 33 in the red.
HCL Technologies, UPL and Eicher Motors stood as the top Nifty loser of
