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FMCG Stocks outlook For The Week - 08 To 12.10.2018

FMCG Stocks outlook For The Week - 08 To 12.10.2018

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             Equity Cash/Futures/Options Segment 

Shares of fast-moving consumer goods companies are seen falling next week, primarily due to weakness in the broader market. Benchmark indices are expected to decline next week as the
Reserve Bank of India's focus on inflation, and the threat from a weakening rupee appear to signal that one could a see a sharp rise in interest rates, going ahead. A robust volume growth in the September quarter, however, can lead to stock-specific buying in the sector. Hindustan Unilever Ltd is scheduled to report its earnings for Jul-Sep on Oct 12. The reduction in the price of fuel is also seen as sentimentally positive for the secr.

Source : Cogencis Information Services Ltd.

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