2024 in Review: Nifty FMCG falls 15% from peak, set for first annual drop in 4 years | Stock Market News

2024 in Review: Nifty FMCG falls 15% from peak, set for first annual drop in 4 years | Stock Market News

Source: Live Mint The FMCG sector faced a turbulent 2024, marked by considerable volatility. The year started on a weak note, with the sector declining by approximately 9% from January to March, as subdued rural demand and broader macroeconomic challenges weighed heavily on its performance. From mid-April to September, the index rebounded sharply, gaining around…

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Urban demand growth rate fall hurts FMCG business amid rising food inflation — expert advice | Stock Market News

Urban demand growth rate fall hurts FMCG business amid rising food inflation — expert advice | Stock Market News

Source: Live Mint The FMCG sector has been one of the poorest performers over the past 18 months. The return of Nifty FMCG, Nifty50, and Nifty500 indexes in the last 1 year is 10%, 20%, and 27%, respectively. This indicates that the FMCG sector underperformed the broader Nifty500 market by 63%.The sector’s performance worsened in…

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