A recent quarterly report from NielsenIQ (NIQ) revealed that rural areas are now showing stronger demand for fast-moving consumer goods (FMCG) compared to urban markets, marking the first time in at least two years. The increased demand for products like shampoos, soaps, and detergent bars in rural India during the March quarter contributed to a …
Nestle India – Technical Analysis
16 October 2023FMCG In the face of recent market turbulence marked by profit-taking and downward movements, the strategic choice of portfolio diversification emerges as a prudent move. Amidst this market chaos, one remarkable player in the Fast-Moving Consumer Goods (FMCG) industry shines bright with a continuation breakout. Check: Nifty FMCG Index About – Nestle India Introducing Nestle: …
