The Indian equity market has shown a mixed performance so far in January, grappling with concerns over a potential slowdown in Q3 earnings and sustained foreign outflows. Amid this backdrop, brokerage firm Ashika Research has identified three promising stocks for January based on technical trends and strong fundamental outlooks. These selections span sectors such as logistics, healthcare, and industrial lubricants. Here’s a look at the stock picks:
Rising costs, muted demand to weigh on FMCG margins in Q1
FMCG companies anticipate a slight sales volume increase for the June quarter, with revenue growth varying due to pricing strategies and demand. While some firms