Hindustan Unilever, Nestle India, Dabur India, Britannia Industries, Marico - 5 reasons why FMCG stocks considered defensive in equity markets
Kaushlendra Singh Sengar Founder and CEO at INVEST 19 highlights that If you are aware of the fact that FMCG stocks are considered as safest bets to invest when equity markets get deviated from the arithmetic mean, chances are investment in stock market is your cup of tea. Hindustan Unilever, Nestle India, Dabur India, Britannia Industries, Marico have been good defensive bets for many Investors.
Fast-moving consumer goods are those products that cater the recurring needs of the people and are relatively lower in price such as cosmetics, white goods, soft-drinks, and other goods: Reuters