Therefore, the ongoing correction should be capitalised on as an incremental buying opportunity to ride the structural uptrend But, will putting your money behind the classic defensive bets prove to be beneficial this time? Let’s find out. So far in financial year 2021-22, with the S&P BSE FMCG index has risen 6.3 per cent as compared to over 15 per cent gain in the benchmark S&P BSE Sensex during this period.
The latest survey by NielsenIQ shows that India’s FMCG market grew 12.6 per cent in the September 2021 quarter compared to the same period last year.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world.