India, June 12 -- Nestle India Shares Slip Nearly 3% After FSSAI Notice Over Maggi. Nestle India Ltd shares slipped close to 3%, after a few reports came out that FSSAI issued a new regulatory notice in connection with a customer complaint claiming insects and larvae in a Maggi noodles pack. Very quickly, the overall mood turned cautious, as market participants reacted almost on the spot to the headline risk tied to one of India's most trusted FMCG brands. Sure, in trading, the stock took immediate pressure, but the matter also brought back older memories of regulatory scrutiny around Maggi. In the end, it shows how fast sentiment can swing when brand reputation bumps into food safety concerns in the market.

Nestle India Shares Fall 2.9%...