FMCG Only Bright Spot As Markets Record Worst Day In 4 Years

On Tuesday, the NIFTY 500 fell 6.76% to 20,323.85. 34 companies advanced while 465 companies fell and 1 remained unchanged. The market fell after the general election results showed the BJP not passing the 272-seat mark to form government on its own, all though the NDA coalition has passed the number. FMCG stocks stood tall amid the bloodbath on Tuesday.

Leading the pack of gainers was Dabur, which saw a surge of 6.13% compared to the previous trading day’s close. The stock closed at ₹578.20, significantly higher than its last close of ₹544.80.

Top Gainers

StockCurrent PriceLast Close% Change
Hindustan Unilever₹2496.3₹2355.95.96%

Following closely was Hindustan Unilever. The stock was up by 5.96%, extending its Monday gains. Over the past month, the stock has seen a steady rise of around 6%.

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Another top performer was DMart, which registered a gain of 4.58%, closing at ₹4548.8. The stock has been showing a positive trend, despite the overall market volatility.

FMCG major Colgate-Palmolive also managed to stay resilient amidst the market carnage, registering a gain of 4.56%. The stock closed at ₹2809.75, up from its last close of ₹2687.15.

Finally, Marico rounded off the top five gainers with a 3.44% rise, closing at ₹614.55.

On the flip side, the biggest loser of the day was REC Ltd, which plunged by a whopping 25.19%.

Top Losers

StockCurrent PriceLast Close% Change
REC Ltd₹452.2₹604.5-25.19%
Adani Ports₹1248.95₹1583.95-21.15%

Other significant losers included PFC (-23.08%), Adani Ports (-21.15%), BHEL (-20.84%), and SAIL (-20.02%).

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Posted In: EquitiesNewsMarketsMoversTrading IdeasDaburGainers And LosersHindustan UnileverNifty 500