FMCG stocks are typically known as defensives and usually attract investors’ attention amid strong demand led by a good monsoon, fall in commodity prices as well as the festive season.
ETMarkets Smart Talk | Is gold the new growth asset? 3 reasons why yellow metal rose 28% in 4 months: Ajit Banerjee
We are all aware markets do not like uncertainty of any type, and by nature, it is forward-looking. Hence, it reacts either positively or negatively