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FMCG Stocks Outlook For The Week - 14 To 18.01. 2019

FMCG Stocks Outlook For The Week - 14 To 18.01. 2019

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             Equity Cash/Futures/Options Segment 

Stocks of fast moving consumer goods companies are seen higher next week on hopes that the
government may take steps to aid rural income after Finance Minister Arun Jaitley in a Facebook post said the Centre is committed to provide greater support to farmers. Market participants will also closely follow the earnings of Hindustan Unilever and other fast moving consumer goods companies in the coming week. Hindustan Unilever is expected to post an 8.8% on-year rise in Oct-Dec net profit to 14.4 bln rupees. Sales is seen nearly 11% higher on year at 95.2 bln rupees. HUL is scheduled to detail its December quarter earnings on Thursday. Shares of ITC will remain in focus as the government may consider selling stake held by the Specified Undertaking of Unit Trust of India in the company in the next few months.

Source : Cogencis Information Services Ltd.

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