MARKET UPDATES
FMCG companies move fast on volume growth while rural beats urbanVolume growth seems to be the latest mantra in the fast-moving consumer goods (FMCG) sector. This coincides with rural outpacing urban consumption in volume terms for the first time in five quarters, according to the NielsenIQ January-March data. While focussed on volume, FMCG companies are…
View for the day
Looks like we are going to open FLAT. As discussed in the video, the downmove if continues can take a halt at 22180-22160 levels as its Gap Filling and also 61.8% Fibo level. We got a Trending move yesterday let’s see if we get the same move today, but have told you guys one thing…
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