Sentiment sours on growth, turns to FMCG for a bounce

August 16, 2024

Investors recently leaned towards FMCG and consumption-related stocks due to global instability. Analysts noted the sector’s appeal amid high valuations elsewhere, although limited short-term gains are expected. Stocks such as Godrej Consumer and Dabur are predicted to deliver moderate returns, with long-term holding recommended for current investors.

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