FMCG stocks fell 2-6% in the last week on inflation worries; Nifty FMCG index is down 2.5%; What happens next?

The Nifty FMCG index fell 4.1%, or 1,895 points, from its recent 52-week high of 45,080 points. The index has corrected by nearly 2.50% in the last week alone. Varun Beverages and Godrej Consumer Products were the biggest index losers last week, falling 6.5% each.

Despite inflation, slow rural demand concerns, top brokerages positive about Dabur

<ul><li>Dabur on May 5 reported a 22 percent year-on-year (YoY) decline in consolidated net profit to  <span class='webrupee'>₹</span>294.34 crore for the fourth quarter ended March 2022.</li></ul>

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FMCG stocks fell 2-6% in the last week on inflation worries; Nifty FMCG index is down 2.5%; What happens next?

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