INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The Nifty FMCG index was trading as the solitary gainer on NSE during afternoon trade on Tuesday.
The index was trading 0.24 per
cent up at 27,332 around 12:45 pm (IST), underpinned by gains in Hindustan Unilever (up 1.58 per cent), Britannia Industries (up 1.56 per
cent) and Jubilant Foodworks (up 1.12 per cent).
Shares of Marico (up 0.49 per cent), Godrej Consumer Products (up 0.22 per cent) and United
Breweries (up 0.13 per cent) were also trading with slight gains.
On the other hand, Emami (down 2.28 per cent), Godrej Industries (down
1.14 per cent), United Spirits (down 0.97 per cent), GlaxoSmithKline Consumer Healthcare (down 0.52 per cent), Tata Global Beverages (down
0.34 per cent), ITC (down 0.28 per cent), Dabur India (down 0.15 per cent) and Colgate-Palmolive (India) (down 0.15 per cent) were down
Equity benchmarks turned red, erasing the gains of the early session, on selling in select IT, auto and bank stocks.
The NSE Nifty50 index
was down 25 points at 10,504, while the BSE Sensex was 47 points down at 34,259
Among the 50 stocks in the Nifty index, 16 were trading in the green, while 34 were in the red
Power Grid, NTPC, Hindalco, Hindustan Unilever and Mahindra Mahindra were among the top gainers in the Nifty index.
However, Wipro, Tata
Motors, Sun Pharma, Axis Bank and Bharti Infratel were among the top losers in the Nifty pack.
