NIFTY FMCG

Stock market update: FMCG stocks down as market falls

The 30-share BSE Sensex was down 519.72 points at 77060.59

CLSA’s Laurence Balanco sees Nifty at 37,000 plus by end of this decade

Market analyst Laurence Balanco predicts the Nifty could reach 37,000 by the end of the decade, driven by a resurgence in private banks. However, he advises caution in the short term, noting a potential double top pattern in the Euro Stoxx 600 and weakness in Indian auto, FMCG, and real estate sectors.

Pullbacks may see selling, but F&O inclusions boost long-term outlook: Nilesh Jain, Centrum Broking

The inclusion of new stocks in the F&O segment could lead to short-term selling pressure. However, the long-term impact is likely to be positive as it increases the number of investable stocks and attracts more liquidity.

Stock market update: FMCG stocks down as market falls

The 30-share BSE Sensex closed down 110.64 points at 77580.31

Stock market update: FMCG stocks down as market falls

The 30-share BSE Sensex was down 180.75 points at 77510.2

Britannia needs a new recipe to attract cost-conscious urbanites

During the quarter, raw material costs for the company were up by 7.8% from a year ago, driven by high inflation in the cost of wheat, palm oil, cocoa and sugar. The input cost as a proportion of revenue rose to 59.8% of sales compared with 57.9% a year ago. This directly impacted profitability, as the operating profit margin dropped by 280 basis points (bps) to 15.5%.

Nifty weak, but sharp fall unlikely: Technical Analysts

There is possibility of more consolidation or minor weakness towards the key supports of 23,900-23,800. One may expect emergence of buying again from near the supports.

ETMarkets Smart Talk | FMCG and IT sectors look promising for next Diwali, PSU valuations stretched: Harjeet Singh Arora

Certainly, the investors are relating to the possibility as the IPO has been subscribed only 0.5 times in the retail category which is far less participation as compared with recent IPOs where the subscription was even more then 10-20x of the issue.

Capital market plays to be great compounding stories for next few years: Hiren Ved

??It tells you that the average consumer in this country is struggling. If that would not have been the case, you would not have had this kind of credit costs. If that would not have been the case, that is why your FMCG volumes are so anaemic, there is no growth. So, the average consumer is under some kind of stress.

Markets face challenging setup; focus on resilient stocks for safety

The markets have entered a technically challenging environment with a risk-off setup. It's crucial to stay invested in stocks with strong relative strength against broader markets for greater resilience. A cautious approach is advised for the coming week.

HUL worries trigger selloff in FMCG companies

The Nifty FMCG Index plunged nearly 3%, its steepest single-day drop in 28 months after HUL's second-quarter results missed expectations, disappointing investors. Analysts anticipate continued margin pressure for consumer companies in the near term due to rising raw material costs and weak urban demand.

Market Wrap: Sensex, Nifty end marginally lower, extend losing streak to four sessions in row

Indian headline indices fell for the fourth consecutive session on Thursday let down by auto and FMCG stocks. While the S&P BSE Sensex settled at 80,065.16, down by 17 points, the broader Nifty closed at 24,399.40, lower by 36.10 points or 0.15%.

ETMarkets Smart Talk: Diwali 2024 outlook! Vikas Gupta on why banking and power sectors are poised for growth in Samvat 2081

There could be other reasons due to the middle east war escalation with potential to cause spike in crude oil prices and also potentially creating supply chain bottlenecks in the Asia-Europe corridor.

2 top stock recommendations from Aditya Arora

If I had to talk about the lower levels in both the indices, then I am expecting 49,000 to 50,000 in next one month on Bank Nifty and 24,000 on Nifty.

Focus shifts to largecaps as midcaps face profit booking, says Rajesh Palviya, Axis Securities

Looking at the overall scenario, we believe that the focus is gradually shifting towards the largecap and midcaps are still under profit booking. So, major focus will shift on the largecap and very select pocket can do well as technical structure for the sector like pharma, chemical, little bit buying action has been witnessed in the metal as well as in the IT space also. So, these all three-four spaces can be looked at for near term.

No big bang for festival season from Nifty50 companies, September quarter to be muted

Revenue is expected to grow by 5.6%, the lowest in nine quarters under observation. Net profit may grow by 11% helped by select companies in the banking, finance, pharmaceuticals and telecom sectors.

Big movers on D-Street: What should investors do with Godrej Properties, Angel One and ITC?

Benchmark BSE Sensex plunges 1,769 points amid West Asia conflict, hitting a three-week low. Key stocks in focus include Godrej Properties, Angel One, and ITC. Technical analysts suggest Godrej in a no-trade zone, bullish prospects for Angel One, and cautious optimism for ITC.

Rajesh Palviya on key market trends and trading ideas for the coming week

Rajesh Palviya, in an exclusive interview with ET Now, shares his insights on the recent market momentum, highlighting strong short-covering actions and sectoral rotations that are driving Nifty and Bank Nifty to new highs. He discusses the outperformance of private banks, particularly ICICI and Kotak, and the potential for further gains in FMCG stocks like Nestle and Britannia.

Banking, metals & FMCG: Why 2024's least performing sectors may still hold value for investors

In 2024, Indian equity markets reached record highs, but banking, FMCG, and metals sectors underperformed. The Nifty Bank index rose by just 9%, the Nifty FMCG index gained 13%, and the Nifty Metal index increased by around 16.7%. Analysts suggest these sectors may still offer value for medium-term investors.

Contra view: After 30% returns in 3 months for Balrampur Chini, HUL, ITC, other FMCG stocks, is a slowdown lurking?

Domestic brokerage JM Financial sees the outperformance of FMCG stocks reversing and has recommended investors to trim their positions in the overall sector on every rise. It sees seasonality effect Nifty FMCG's mean and the median underperformance stood at 6.3% and 6.4%, respectively.

These 5 FMCG stocks hit fresh 52-week highs and rallied up to 35% in a month

Red Alert: Sensex, Nifty drop from record highs as FMCG and energy stocks lead decline

Indian indices Sensex and Nifty opened lower, down 0.20% and 0.23%, due to FMCG, energy.

GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session

Equity markets closed with minor losses on Wednesday amid global concerns. Analysts noted that buying at lower levels shows the resilience of domestic equities. Nifty is expected to consolidate with intermittent volatility, focusing on defensive sectors like FMCG and Pharma. Oil prices are stabilizing after a decline, and the rupee breached the crucial 84-mark.