Tag: FMCG stocks

Sensex crosses 80,000 in record opening; Nifty at 22,491.75 points on positive global cues

It was 80,013.77, up 572.32 points or 0.72 per cent at the time of filing this report. Nifty also opened at 24,291.75, up 168 points or 0.70 per cent.

July 3, 2024

Rise of small regional competitors adversely affect larger FMCG companies

Regional firms, particularly in sectors, such as biscuits and laundry, continue to challenge larger competitors due to favourable commodity prices.

April 4, 2024

FPIs big sellers in financials and FMCG in February

FPIs will have to buy the same shares, which they are selling now at higher prices when the situation turns favourable for FPI buying.

March 2, 2024

FMCG stocks lead market lower

The major challenge for the rally comes from the US market which is showing signs of weakness.

January 8, 2024