Britannia, ITC, Radico: These FMCG stocks may act as hedge in current fall

Selective FMCG stocks may rise up to 11 per cent, even if broader market loses more ground

Avdhut Bagkar | Mumbai
Last Updated at March 16, 2023 11:56 IST

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FMCG shares are considered as defensive stocks

FMCG stocks are regarded as safe havens in turbulent times and recognized as a hedge against the falling investment. However, in order to find the right stock, one needs to be selective even in defensive sector. Since mid-February of this year, domestic markets have been on a roller coaster, with uncertainty making investors more anxious.

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