Britannia and Varun Beverages traded in the green.
At around 12.50 pm, Nifty FMCG was trading at 34,535.80 down 717.30 points or 2.03% after hitting a day’s low of 34,480.25 during intraday trade on Monday.
United Spirits shed 4.6% at Rs512.50 per piece. Godrej Consumer and Jubilant FoodWorks were 3.9% down at Rs710.30 per piece and Rs2,769.30 per piece respectively.
Emami was 3.25% lower at Rs500.05 per piece while Tata Consumer,and ITC were around 3.1% lower at Rs658.70 per piece and Rs206.55 per piece.
Marico also was nearly 3% down at Rs408.10 per piece. Colgate Palmolive also lost 2.17%
Procter & Gamble Hygiene (down 1.41%) and UBL (down 1.65%), Hindustan Unilever (down 1.37%), Dabur (down 1.12% and Nestle India (down 0.895) also traded in the red.
Britannia gained 0.84% while VBL was just marginally higher on Monday.