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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