FMCG stocks trip on high valuations; analysts see further correction - Business Standard

FMCG stocks trip on high valuations; analysts see further correction
Business Standard
Usually, when markets fall, fast moving consumer goods (FMCG) stocks are seen as safe havens. However, this time around, FMCG stocks were among top losers as markets fell, mainly due to their pricey valuations. Being amongst the few attractive sectors, ...