VARUN BEVERAGES

slipped on Friday as investors booked profits following a weeklong rally sparked by the government’s overhaul of Goods and Services Tax (GST) rates. ITC, Varun Beverages and several peers lost as much as 4%, pulling the Nifty FMCG index lower and halting five straight sessions of gains. Varun Beverages led sectoral losses, tumbling nearly 4% to Rs 469.65