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FMCG Stocks Outlook For The Week - 18.06.2018 To 22.06.2018

FMCG Stocks Outlook For The Week - 18.06.2018 To 22.06.2018

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             Equity Cash/Futures/Options Segment 

Shares of fast moving consumer goods companies are seen extending gains to the next week due to positive investor sentiment on the growth outlook for the sector. The demand growth for consumer goods companies is backed by a huge domestic consumption base, which has made the sector a safe bet in a volatile broader market. In the absence of immediate triggers, consumer goods stocks will also take cues from the broader market, which is likely to show a positive trend next week led by gains in information technology stocks. The Nifty FMCG index is likely to rise for the fourth straight week after gaining 0.6% in the past three weeks.

Source : Cogencis Information Services Ltd.

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