FMCG stocks have tumbled up to 21% in three months due to weak Q2 earnings, inflation, and slowing demand. Experts advise caution, recommending select stocks like GCPL, Marico, Tata Consumer, and liquor companies for long-term potential. Nifty FMCG is showing signs of rebounding from oversold territory.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to