defensive stocks

As Nifty struggles, defensive FMCG and pharma deliver returns of up to 23% in a month

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As Nifty struggles, defensive FMCG and pharma deliver returns of up to 23% in a month

FMCG and pharma stocks have rallied by up to 23% over the last month, demonstrating their reputation as defensive bets. In contrast, the Nifty50 index has slipped into the red amid high volatility, with the India VIX rising over 27% during the same period. At the index level, Nifty FMCG and Nifty Pharma have returned … Read more

FPIs stay bullish on growth stocks, cut defensive bets a bit

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FPIs stay bullish on growth stocks, cut defensive bets a bit

Foreign portfolio investors have been heavily selling Indian shares in the run-up to the general elections. But what’s notable is FPIs have been paring their holdings of defensive stocks instead of those with more growth potential. This shows they remain bullish on the sustained earnings potential of growth stocks in industries like discretionary spending and … Read more