Why FMCG stocks could be the most attractive space to invest for next few years
Consumer stocks haven’t quite matched up to the hype after the Budget, post which these names were widely accepted to benefit from tax relief provided by Finance Minister Nirmala Sitharaman. Data from Ace Equity shows that 50 out of 75 stocks, across market caps, delivered negative returns in the last one month. However, FMCG stocks…
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Stocks to buy: IndusInd Bank, PC Jewellers and Mold-Tek on investors’ radar
Sensex recovered most of its losses to close marginally down in a volatile session on Tuesday even as private lender IndusInd Bank slumped 27 per cent and global markets declined on US recession worries. Stocks that were in focus include names like IndusInd Bank, which fell 27% and PC Jewellers, which gained 0.8% and Mold-Tek,…
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