FMCG stocks performance: In terms of sales and EBITDA, HUL's headline numbers have benefited from its merger with GSK.
Sensex slipped 489 points from its record highs of 56,118 to end at 55,629, lower by 162 points or 0.29%
Most sectoral indices on the NSE closed in the red. IT and FMCG stocks led the rally, while metals, banks and financials were under pressure.
The overall market breadth was positive as 1,740 stocks on the BSE advanced, while 1,505 declined and 131 remained unchanged
VUCA is an acronym to describe the volatility, uncertainty, complexity and ambiguity of general conditions and situations.