FMCG Stocks Outlook For The Week - 17 To 21.12.2018
Stocks of fast moving consumer goods are seen higher in the coming week as we are expecting some plans from the government to boost the rural income after defeat in the Assembly elections. Possibility of farm loan waivers cannot be ruled out. Fall in prices of milk and oil seeds is seen
positive. Weakness in palm oil prices is also seen boosting the sentiment. This week, the index
closed 2.3% higher at 30371.5 points.
Source : Cogencis Information Services Ltd.
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Stocks of fast moving consumer goods are seen higher in the coming week as we are expecting some plans from the government to boost the rural income after defeat in the Assembly elections. Possibility of farm loan waivers cannot be ruled out. Fall in prices of milk and oil seeds is seen
positive. Weakness in palm oil prices is also seen boosting the sentiment. This week, the index
closed 2.3% higher at 30371.5 points.
Source : Cogencis Information Services Ltd.
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