As volatility sees a sharp spike in markets. At this point of time it might be good to stay with sectors and stocks, where there are strong fundamentals. But they have been underperforming in bull run but at the same time and have a history of outperforming in bearish and volatile markets. Fitting this are a set of FMCG stocks where news flow and sentiment have been negative for quite some time. But as the markets get jittery and money moves from one sector to another, these stocks may outperform a bearish market. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
All NSE sectoral indices were trading higher except Nifty FMCG which was dragged by Tata Consumer Products. Nifty media led the gains, rising over 1 percent.
Market expert predicts growth in capital goods, infrastructure, and domestic cyclicals while cautioning about global cyclicals. FMCG sector set to benefit from monsoon. Banks may rally after July budget. Iran s supply chain control impacts oil markets.