The Economic Times
English EditionEnglish Editionहिन्दी
| E-Paper

Why Nifty FMCG looks strong on charts?

Why Nifty FMCG looks strong on charts?
Why Nifty FMCG looks strong on charts?
After the recent underperformance, the valuation difference between the Nifty FMCG index and Nifty 50 has narrowed to 13%.


Nifty FMCG has lost 4.5% in the past 3 months, while Nifty 50 gained 9.3% during the period.

ET Intelligence Group: The underperformance of Nifty FMCG index may narrow compared with the benchmark Nifty 50 in the next three months, if history is any guide. The sector index representing consumer staple stocks declined in each of the past three months, a rare phenomenon which has occurred only four times in 10 years.The historical data suggest that if the Nifty FMCG index retracts for three months in a row, it earns return in each of the
Share This Article
  • SAVE

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Why ?

  • Sharp Insight-rich, Indepth stories across 20+ sectors

  • Access the exclusive Economic Times stories, Editorial and Expert opinion

  • Clean experience with
    Minimal Ads
  • Comment & Engage with ET Prime community
  • Exclusive invites to Virtual Events with Industry Leaders
  • A trusted team of Journalists & Analysts who can best filter signal from noise
The Economic Times