{"id":10406,"date":"2025-09-05T08:46:01","date_gmt":"2025-09-05T08:46:01","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/05\/fmcg-stocks-dip-up-to-3-as-profit-booking-halts-5-day-rally-nestle-varun-beverages-top-drags-markets-news\/"},"modified":"2025-09-05T08:46:01","modified_gmt":"2025-09-05T08:46:01","slug":"fmcg-stocks-dip-up-to-3-as-profit-booking-halts-5-day-rally-nestle-varun-beverages-top-drags-markets-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/05\/fmcg-stocks-dip-up-to-3-as-profit-booking-halts-5-day-rally-nestle-varun-beverages-top-drags-markets-news\/","title":{"rendered":"FMCG Stocks Dip Up To 3% As Profit Booking Halts 5-Day Rally; Nestle, Varun Beverages Top Drags | Markets News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9551281\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">September 05, 2025, 14:12 IST<\/time><\/p>\n<h2 id=\"asubttl-9551281\" class=\"jsx-ff263f4b724d470d jsx-3404063702 asubttl-schema\">Fast-moving consumer goods (FMCG) stocks slipped on Friday as investors booked profits after a strong five-day rally<\/h2>\n<div class=\"jsx-7dd6bcc4782610a2 artsharwrp\">\n<div id=\"artshare\" class=\"jsx-7dd6bcc4782610a2 artshare\">\n<div class=\"jsx-7dd6bcc4782610a2 stickdiv\">\n<div class=\"jsx-7dd6bcc4782610a2 deskwrapstkdiv\">\n<div class=\"jsx-7dd6bcc4782610a2 fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" class=\"jsx-7dd6bcc4782610a2 lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-ff263f4b724d470d jsx-3404063702 amimg\"><img decoding=\"async\" alt=\"FMCG Stocks Fall (Unsplash\/Representative Image)\" title=\"FMCG Stocks Fall (Unsplash\/Representative Image)\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-ff263f4b724d470d jsx-3404063702\"\/><\/p>\n<p>FMCG Stocks Fall (Unsplash\/Representative Image)<\/p>\n<\/figure>\n<p id=\"0\" class=\"story_para_0\">Fast-moving consumer goods (FMCG) stocks slipped on Friday as investors booked profits after a strong five-day rally, with shares falling up to 3 per cent.<\/p>\n<p id=\"1\" class=\"story_para_1\">Varun Beverages was the top drag, tumbling nearly 4 per cent. ITC dropped 2.5 per cent, while Emami and Colgate Palmolive (India) fell 1.79 per cent and 1.52 per cent, respectively. Other laggards included Patanjali Foods, Dabur India, Hindustan Unilever, Godrej Consumer Products, and Nestle India, all sliding up to 1.5 per cent.<\/p>\n<p id=\"2\" class=\"story_para_2\">The Nifty FMCG index lost around 2 per cent, making it one of the top sectoral losers of the day. This comes after the index had risen nearly 3 per cent over the past five sessions, boosted by the GST Council\u2019s decision to rationalise rates.<\/p>\n<p id=\"3\" class=\"story_para_3\">The Council approved limiting slabs to 5 per cent and 18 per cent, effective September 22, lowering prices of commonly used products such as food items, personal care goods, ice creams, and consumer durables.<\/p>\n<p id=\"4\" class=\"story_para_4\">Following the sharp rally, profit-taking set in, pausing the sector\u2019s momentum. The sell-off mirrored broader market weakness, with benchmark indices giving up early gains.<\/p>\n<p id=\"5\" class=\"story_para_5\">The Sensex, which had climbed 318.55 points to 81,036.56 in early trade on GST rate cut optimism and firm global cues, retreated to 80,353. The Nifty slipped below 24,650, closing at 24,633 after briefly crossing the 24,700 mark.<\/p>\n<h3>Analysts\u2019 Outlook<\/h3>\n<p id=\"7\" class=\"story_para_7\">Emami, Colgate-Palmolive, and Britannia Industries were among the top gainers in Thursday\u2019s session, rising up to 4% after the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, announced reduced GST rates on key FMCG items. The cuts, seen as a festival bonanza, are expected to lift urban consumption.<\/p>\n<p id=\"8\" class=\"story_para_8\">ITC Chairman and MD Sanjiv Puri called the reforms \u201ctransformative, bold and comprehensive,&#8221; noting that rationalisation across sectors will improve affordability, spur consumption, attract investments, drive economic growth, and create jobs.<\/p>\n<p id=\"9\" class=\"story_para_9\">Emami Vice-Chairman and MD Harsha Varshan Agarwal described the GST cut as a \u201cgame-changing move&#8221; that could significantly boost rural demand. He added that a combination of GST cuts, income tax relief, lower repo rates, and a good monsoon would create a strong ecosystem for growth.<\/p>\n<p id=\"10\" class=\"story_para_10\">\u201cFor Emami, the priority is to pass on GST benefits to consumers at the earliest so that greater value is created for them,&#8221; Agarwal said, highlighting its potential to drive demand across segments.<\/p>\n<p id=\"11\" class=\"story_para_11\">Aasif Malbari, CFO of Godrej Consumer Products (GCPL), also welcomed the tax reduction, calling it a \u201cpositive trigger&#8221; for demand creation.<\/p>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"authorimg\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/?impolicy=website&amp;width=60&amp;height=60\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/aparna-deb-20948.html\" class=\"jsx-95088aad1b3c53cd atamail\">Aparna Deb<\/a><\/p>\n<p>Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-ff263f4b724d470d jsx-3404063702 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>September 05, 2025, 14:12 IST<\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-ff263f4b724d470d jsx-3404063702 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <a href=\"https:\/\/www.news18.com\/business\/markets\/\">markets<\/a>  <span class=\"brdout\"> FMCG Stocks Dip Up To 3% As Profit Booking Halts 5-Day Rally; Nestle, Varun Beverages Top Drags<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-ff263f4b724d470d jsx-3404063702 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/markets\/fmcg-stocks-dip-up-to-3-as-profit-booking-halts-5-day-rally-nestle-varun-beverages-top-drags-9551281.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:September 05, 2025, 14:12 IST Fast-moving consumer goods (FMCG) stocks slipped on Friday as investors booked profits after a strong five-day rally FMCG Stocks Fall (Unsplash\/Representative Image) Fast-moving consumer goods (FMCG) stocks slipped on Friday as investors booked profits after a strong five-day rally, with shares falling up to 3 per cent. Varun Beverages&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-10406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/10406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=10406"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/10406\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/10407"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=10406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=10406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=10406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}