Nifty FMCG index ends 1.28% lower. Top losers: COMPANY LATEST PREV CLOSE LOSS() LOSS(%) ITC 278.95 285.85 -6.90 -2.41 P & G HYGIENE 9206.30 9396.55 -190.25 -2.02 BRITANNIA INDS. 5476.75 5542.20 -65.45 -1.18 GODREJ CONSUMER 1081.05 1093.55 -12.50 -1.14 DABUR INDIA 371.35 373.85 -2.50 -0.67 Nifty Sectoral gainers and losers BSE Sensex: Top gainers and losers of the day Market at close The S&P BSE Sensex ended at 35,149, down 239 points while the broader Nifty50 index settled at 10,683, down 58 points. HUL surpasses ITC in market cap ranking first time since February 2005 Hindustan Unilever (HUL), the fast moving consumer goods (FMCG) company, has surpassed ITC, the cigarettes major, in market capitalisation (market-cap) ranking after a gap of more than one decade. HUL with Rs 3,424 billion market-cap overtook ITC, which have market-cap of Rs 3,415 billion at 02:59 pm; the BSE data shows. Earlier, on February 22, 2005, HUL had market-cap of Rs 319.72 billion and ITC had market-cap of Rs 318.74 billion, CapitalinePlus data shows. READ MORE JUST NOW Brent crude above $80/bbl for the first time since November 2014
The S&P BSE Sensex ended at 35,149, down 239 points while the broader Nifty50 index settled at 10,683, down 58 points.
Back home, doubts whether the Bharatiya Janata Party (BJP) could prove its majority in the southern state of Karnataka also weighed on investor sentiment.
Among individual stocks, Reliance Communications (RCom) surged 57% to Rs 16.55 per share on the BSE after a media report suggested that the Anil Ambani-led telecom services company and Ericsson inform National Company Law Tribunal (NCLT) in Mumbai that they are in settlement talks. RCom erased its entire 30% decline past one week.
MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed, while Japan’s Nikkei gained 0.4 per cent and South Korea’s KOSPI rose 0.4 per cent.
(with Reuters inputs)