Stock Market

Share market update: FMCG shares trade lower; Britannia dips 1%

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NEW DELHI: FMCG shares were trading lower in Wednesday's morning session. Shares of ColgatePalmolive (India) (down 0.99 per cent), Britannia Industries (down 0.95 per cent), United Breweries (down 0.95 per cent) and Procter - Gamble Hygiene - Healthcare (down 0.77 per cent) were the top losers in the index. Hindustan Unilever (down 0.66 per cent), Godrej Industries (down 0.65 per cent), ITC (down 0.63 per cent) and Dabur India (down 0.45 per cent) too were trading with losses.

The Nifty FMCG index was trading 0.40 per cent down at 31,186.45 around 10:55 am.

Benchmark NSE Nifty50 index was down 94 points at 11,494.20 while the BSE Sensex was down 336.35 points at 38,760.79.

Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.

Shares of YES Bank, Ashok Leyland, SBI, IDBI Bank, ZEEL, GMR Infra, Adani Power, Vodafone Idea, Tata Motors and NCC were among the most traded securities on the NSE.




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Category: Stock Market


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