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FMCG Stocks Outlook For The Week - 01 To 05.10.2018

FMCG Stocks Outlook For The Week - 01 To 05.10.2018

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             Equity Cash/Futures/Options Segment 

Stocks of fast moving consumer goods companies are expected to fall next week due to profit
booking and weakness in the broader market. Expensive valuations of consumer goods stocks, even
after a correction in recent weeks, is likely to lead to continued profit booking. Stocks in the sector
will also take cues from the broad market, which is expected to remain weak. Monthly sales data
for automobile companies and the Reserve Bank of India's monetary policy meeting will be in focus.
The Nifty FMCG index has declined over 9% in the last four weeks.

Source : Cogencis Information Services Ltd.

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