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.
Tech view: Nifty forms Doji candle; a break below 23,500 likely to push index lower. How to trade on Monday
The 23,500-23,540 range serves as an immediate support zone for the index. A decisive break below 23,500 could lead to a further drop to the
November 14, 2024