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.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across