Nifty FMCG Index

Indian stocks: A heavy monsoon season is great news for these Indian stocks

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Indian stocks: A heavy monsoon season is great news for these Indian stocks

Stocks of Indian firms that earn a large chunk of their revenues from the nation’s hinterland are showing signs of a revival, as traders bet that bountiful monsoon rains will lead to better crop yields and boost rural demand. Motorcycle manufacturers, farm-equipment makers and producers of fast-moving consumer goods have rallied following forecasts of timely … Read more

FMCG shares: FMCG shares rise up to 10%, hint at ‘start of a catch-up rally’

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FMCG shares: FMCG shares rise up to 10%, hint at ‘start of a catch-up rally’

Mumbai: The sharp gains in shares of fast-moving consumer goods companies could be the likely start of outperformance that the sector is set to see over the next few months, said experts, with gains likely even if shares are bought at the current levels. Shares of Marico, Godrej Consumer Products, Hindustan Unilever, Dabur India, Emami, … Read more