“The sharp fall that we have seen in the palm oil prices, some of the soap companies, especially the larger ones like HUL and Godrej Consumers are the two companies where we are very comfortable entering even at current levels. We turned positive on ITC sometime back and the stock had seen the kind of run up especially because of the benefits that it had against some of the traditional FMCG players.”
Ahead of Market: 10 things that will decide stock market action on Monday
Indian markets tumbled on Friday, mirroring global anxieties over the US Federal Reserve’s projected slower rate cuts. Heavy selling in financial and IT stocks pushed
December 22, 2024