FMCG stocks are typically known as defensives and usually attract investors’ attention amid strong demand led by a good monsoon, fall in commodity prices as well as the festive season.
In the NSE list of stocks with a market cap over Rs 10,000 crore five stocks’ closing prices crossed above their 200-day moving averages (DMA)
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk
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