FMCG Stocks Outlook For The Week - 10 To 14.09.2018
Stocks of fast-moving consumer goods companies may fall next week, as investors are likely to book
profits in these stocks following heavy gains so far this year. Investors should seriously consider
booking profits in some of the highly overvalued sectors such as FMCG, consumer durables and
consumer discretionary. Stocks in the sector will also take cues from the broader market, which may
rise, depending on whether the rupee manages to sustain its recovery.
Source : Cogencis Information Services Ltd.
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Stocks of fast-moving consumer goods companies may fall next week, as investors are likely to book
profits in these stocks following heavy gains so far this year. Investors should seriously consider
booking profits in some of the highly overvalued sectors such as FMCG, consumer durables and
consumer discretionary. Stocks in the sector will also take cues from the broader market, which may
rise, depending on whether the rupee manages to sustain its recovery.
Source : Cogencis Information Services Ltd.
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