FMCG
Stocks Outlook for the week – 16 to 20.03.2015
( www.rupeedesk.in )
Stocks of fast moving consumer goods companies are
expected to trade range-bound next
week with a positive bias as defensive sectors could get
some preference amid a weaker
broader market sentiment. There are as such no major
triggers for the FMCG sector and hence the trend is likely to be determined by
broader market movements. Overall market sentiment is subdued, so there is
likelihood of defensives like pharma, FMCG being favoured by investors.
Last week, HUL increased prices of some products under
its Pepsodent, Pond's, Vaseline, Dove and Fair & Lovely brands by 2.4-10%.
In the week ahead, market participants will take cues from the Budget session
of the Parliament, the US Federal Reserve's stance on interest rate hike, and
the Wholesale Price Index-based inflation data for February. WPI inflation data
for February will be released on Monday.
