For the First Time: FMCG Index Tops 50, 000

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The Nifty FMCG is specifically designed to see the behaviours of Indian FMCG companies. On Monday, the index touched a new height, proving that the sector is moving from strength to strength.

For the First Time: FMCG Index Tops 50, 000

In this episode, we will talk about the Nifty FMCG touching a new milestone this week. But first, please like the video and subscribe to our channel for more such content in the future. Push the bell icon to receive updates every time we upload a video.

The Nifty FMCG is specifically designed to see the behaviors of Indian FMCG companies. On Monday, the index touched a new height, proving that the sector is moving from strength to strength.

Since its inception on Friday, May 26, 2023, the Nifty FMCG index has shown no signs of stopping. The index touched a new milestone when it crossed the 50,000 mark and on Monday marked an all-time high of 58, 850.25.

The Indian Fast Moving Consumer Goods sector is one of the most promising sectors that promise to contribute to the economy when required. The Nifty FMCG index comprises 15 top players from the FMCG sector. From food and beverage to household and personal care products: these companies operate across various market segments.

In 2011, the Nifty FMCG index crossed the 10,000 mark for the first time. And within three years: it began trading above the 20,000 mark—double the value.

An article published on AngelOne mentions the following:

“Reaching its all-time high of 33,167.9, the index faced a decline below this level during the COVID-19 breakdown, hitting a low of 22,699.05. However, in 2021, it once again achieved a new all-time high of 40,000. Presently, the index is successfully trading above 50,000, and on a YTD basis, the index is up by 14.75%.”

“The FMCG sector has always played a vital role in the economy of any country and is often considered a defensive sector. Even during the COVID-19 pandemic when countries implemented lockdowns, FMCG consumption remained resilient, demonstrating its stability,” the article further mentions.

The Nifty FMCG index has delivered a spectacular return of 30.50 percent over the course of one year, with Varun Beverage Ltd recording a return of 134 percent during the period. Other companies such as ITC Ltd and Godrej Consumer Products Ltd also recorded impressive 65 percent and 34 percent returns, respectively.

The AngelOne article mentions the following:

“The FMCG Index has consistently generated wealth for its shareholders, except for the years 2008 and 2019 during the Global Financial Crisis. Throughout the remaining years, the index has consistently delivered positive annual returns. Considering this track record, there is significant potential for further upside soon. Investors should closely monitor this sector and its components for potential investment opportunities.”

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