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FMCG Stocks Outlook For The Week - 12 To 16.11.2018

FMCG Stocks Outlook For The Week - 12 To 16.11.2018

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             Equity Cash/Futures/Options Segment 

Stocks of major fast moving consumer goods companies are likely to continue their momentum
next week, as sentiment has been boosted by the robust earnings of such companies for the
September quarter. FMCG as a basket should do really well next week, the overall outlook for
consumption stocks remains bullish for the time being. We expect shares of Britannia Industries to outperform other consumer staple stocks next week. Shares of ITC are expected to consolidate in a narrow range next week. Last week, the Nifty FMCG index closed at 28731.05 points, down 0.1%.

Source : Cogencis Information Services Ltd.

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