By Nuvama Research Over the last 12 months, the consumer goods sector has outperformed the broader market, with the Nifty FMCG index outperforming the Nifty50 by 20%. Despite facing several headwinds in the near term, the sector’s long-term structural growth drivers remain intact. We analyse the consumer goods sector’s prospects in both the short and […]
Indian benchmark indices are likely to open decisively in the red, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were trading lower, down 103 points, at the 17,515 level. Markets fell on selling pressure, snapping a three-day relief rally. Nifty closed under 17,600, losing almost 165 points while Sensex slid 541 points, settling at […]