Partner With Us NRI

Sensex down 41 pts; FMCG shares slide

Published on Nov 09, 2023 10:29

The key equity indices traded with small losses in morning trade. The Nifty traded below 19,450 mark. FMCG shares witnessed profit booking after rising in the past five days.

At 10:30 IST, the barometer index, the S&P BSE Sensex, was down 41.01 points or 0.06% to 64,934.60. The Nifty 50 index lost 21.40 points or 0.11% to 19,422.10.

In the broader market, the S&P BSE Mid-Cap index rose 0.17% while the S&P BSE Small-Cap index gained 0.08%.

The market breadth was positive. On the BSE, 1,704 shares rose and 1,613 shares fell. A total of 150 shares were unchanged.

Earnings Today:

Adani Ports And SEZ, Apollo Hospitals Enterprise, Samvardhana Motherson International, Bosch, Muthoot Finance, Aurobindo Pharma, Ashok Leyland, Page Industries, General Insurance Corporation Of India, Torrent Power, Rail Vikas Nigam, SJVN, Zee Entertainment Enterprises, ITI, Glaxosmithkline Pharmaceuticals, The Ramco Cements, Piramal Enterprises, Global Health, Cholamandalam Financial Holdings, National Aluminium Co., Suven Pharmaceuticals, Finolex Cables, Ircon International, Nbcc (India), Astrazeneca Pharma India, G R Infraprojects, BASF India, Eclerx Services, Kama Holdings, NCC will announce their quarter results later today.

Graphite India, BEML, Granules India, Campus Activewear, GMM Pfaudler, Caplin Point Laboratories, Engineers India, Rashtriya Chemicals & Fertilizers, Tega Industries, Genus Power Infrastructures, Star Cement, Senco Gold, Electrosteel Castings, Marksans Pharma, Hinduja Global Solutions, Nucleus Software Exports, Orient Cement, Bajaj Hindusthan Sugar, Welspun Enterprises, National Fertilizers, Bajaj Consumer Care, Fineotex Chemical are some of the other companies that will announce their quarterly results today.

Buzzing Index:

The Nifty FMCG index fell 0.54% to 52,170.85, snapping five days gaining streak. The index gained 2.68% in the past five trading sessions.

Godrej Consumer Products (down 2.13%), Tata Consumer Products (down 1.58%), United Spirits (down 0.93%), Dabur India (down 0.79%), Hindustan Unilever (down 0.55%), Emami (down 0.4%), Britannia Industries (down 0.34%), Radico Khaitan (down 0.33%), Procter & Gamble Hygiene and Health Care (down 0.27%) and United Breweries (down 0.09%) edged lower.

Stocks in Spotlight:

Som Distilleries and Breweries declined 0.60% after the firm stated that it has come under the scrutiny of the income tax department. Since 7 November 2023, the company`s corporate office and factories have been subject to a search and seizure operation by the authorities.

Pidilite Industries shed 0.04%. The company has reported 35% jump in standalone net profit to Rs 455 crore on a 2.4% rise in net sales to Rs 2,768 crore in Q2 FY24 as compared with Q2 FY23.

Powered by Capital Market - Live News