Risk-reward is pretty favourable and if you look at market leaders like Col-Pal they are trading at 52-week highs, so they are already setting the trajectory for other FMCG peers to follow.
Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy
Stocks that were in focus include names like Havells India which was up nearly 5% to hit a fresh high, Container Corporation of India closed
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