D-Street Buzz: FMCG Stocks Under Pressure Led By Britannia, Jubilant Food; 72 Stocks Hit 52-Week Low On BSE

Nifty Bank Index Declined 1 Percent Led By Federal Bank, Axis Bank, IDFC Bank, Indusind Bank, RBL Bank And Yes Bank.

Benchmark indices slipped over 1 percent on Friday with selling seen in the all sectoral indices, while midcap and smallcap also trading lower.

Among the sectors, auto, banks, energy, FMCG, infra and IT index were down over 1 percent.

Maruti Suzuki, Infosys, ICICI Bank, Asian Paints, Wipro, IOC, UPL and Bharti Infratel are among the top losers on the indices.

M&M, Maruti Suzuki, Bajaj Auto, Hero Motocorp and Eicher Motors are the top losers in the automotive space.


FMCG stocks were under pressure led by Britannia Industries, Godrej Consumer, Jubilant Foodworks, P&G and United Spirits.

Nifty Bank index declined 1 percent led by Federal Bank, Axis Bank, IDFC Bank, IndusInd Bank, RBL Bank and Yes Bank.

Adhunik Metaliks, Khadim India, Orchid Pharma, GTL Infrastructure and Easun Reyrolle have hit new 52-week low on NSE in this afternoon session.

72 stocks have hit new 52-week low on the BSE including names like Dhampure Speciality Sugars, Arshiya, Shilpi Cable Technologies and Orchid Pharma.

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