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Barometers trade with limited losses; FMCG shares in demand

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Capital Market
Last Updated : Jul 28 2021 | 2:50 PM IST

The domestic equity barometers continued to trade with limited losses in mid afternoon trade. The Nifty index was trading above 15,650 mark. FMCG shares snapped their two-day losing streak.

At 14:21 IST, the barometer index, the S&P BSE Sensex, was down 237.94 points or 0.45% to 52,340.82. The Nifty 50 index lost 57.70 points or 0.37% at 15,688.75.

In the broader market, the S&P BSE Mid-Cap index slipped 0.17% while the S&P BSE Small-Cap index fell 0.49%.

Mahindra & Mahindra Financial Services (down 4.12%), AU Small Finance Bank (down 2.97%), LIC Housing Finance (down 2.20%), PI Industries (down 2.05%) and Apollo Hospitals Enterprise (down 1.86%) were the top mid cap losers.

Intellect Design Arena (down 9.12%), Dalmia Bharat (down 4.38%), Navin Fluorine International (down 3.79%), Dixon Technologies (India) (down 2.30%) and Laurus Labs (down 1.88%) were the top small cap losers.

Sellers outnumbered the buyers. On the BSE, 1,251 shares rose and 1,886 shares fell. A total of 110 shares were unchanged.

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Buzzing Index:

The Nifty FMCG index rose 0.22% to 36,442.20. the index had declined by 0.54% in the past two sessions.

Varun Beverages (up 1.69%), United Breweries (up 1.56%), Hindustan Unilever (up 0.84%), Godrej Consumer (up 0.77%), Dabur India (up 0.72%) and ITC (up 0.36%) edged higher.

Tata Consumer Products (down 1.77%), United Spirits (down 1.17%), Britannia Industries (down 0.79%), Marico (down 0.64%), Colgate-Palmolive India (down 0.35%) and Emami (down 0.14%) edged lower.

Numbers to Track:

In the foreign exchange market, the partially convertible rupee fell to 74.38 compared with its previous closing of 74.47.

MCX Gold futures for 5 August 2021 settlement shed 0.07% to Rs 47,540.

The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.12% to 92.56.

The yield on 10-year benchmark federal paper rose to 6.185% from its previous close of 6.178%.

In the commodities market, Brent crude for September 2021 settlement rose 36 cents or 0.48% to $74.84 a barrel. The contract lost 0.03% or 2 cents to settle at $74.48 in the previous trading session.

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First Published: Jul 28 2021 | 2:23 PM IST

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