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FMCG’s defensive image hit as stocks fall up to 21% in 3 months. Tata Cons, Marico among top 10 bets
FMCG stocks have tumbled up to 21% in three months due to weak Q2 earnings, inflation, and slowing demand. Experts advise caution, recommending select stocks like GCPL, Marico, Tata Consumer, and liquor companies for long-term potential. Nifty FMCG is showing signs of rebounding from oversold territory.
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