FMCG Stocks Outlook for the week – 11 to 14.08.2014
( www.rupeedesk.in )
Stocks of fast moving consumer goods companies are seen trading with a positive bias in
the week ahead as investors are likely to turn to defensive stocks in a volatile market
environment. A narrowing monsoon deficit is also aiding the positive sentiment towards
the sector. This week, the BSE FMCG stocks index inched up 0.15% against a 0.45% fall
in the Sensex.
Given the geo-political tensions in Ukraine and West Asia, it is very likely that investors
will turn to safe sectors like pharma and FMCG that itself will improve their
performance, but even fundamentally good rains will help.
Bullish on FMCG stocks, technically we will expect most stocks in the sector to remain range-bound in the week ahead.
