Nikhil Ranka from Nuvama Asset Management suggests that the market has corrected, presenting an 8–9% upside from the Nifty’s fair value. IT stocks appear to have limited downside, trading at levels seen during peak tariff uncertainty. The banking sector anticipates a soft Q2 due to NIM decline, but expects earnings to recover from Q3.
ITC, HUL among 10 FMCG stocks that have tumbled up to 31% in 2026. How many do you have?
FMCG stocks remained under pressure in 2026, with the sector index declining 10% year-to-date amid geopolitical disruptions and inflationary pressures. Most major names, including ITC,
June 26, 2026