December 22, 2024

Radico Khaitan

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

TheSpuzz Desk09 mins

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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Stocks to buy: ITC, HUL jump 18-27% in the last three months; what drives these FMCG stocks? — explained | Stock Market News

Stocks to buy: ITC, HUL jump 18-27% in the last three months; what drives these FMCG stocks? — explained | Stock Market News

TheSpuzz Desk010 mins

Source: Live Mint Stocks to buy: The recent gains in FMCG stocks, including ITC, Hindustan Unilever (HUL), and United Spirits, have caught investors’ attention. The sector’s prospects look bright due to a better-than-expected monsoon, signs of revival in rural consumption, and growing consumer interest in premium products. Over the last three months, the Nifty FMCG…

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