FMCG stocks come back on bulls' radar after nearly 4 months on sidelines

BSE FMCG Index is up 7.3% since Nov end, against 4.1% rally in Sensex

After sitting on the sidelines for nearly four months, fast-moving consumer goods (FMCG) stocks such as Hindustan Unilever, ITC, Nestle India, Dabur, and Britannia have begun to perk up. The BSE FMCG Index has risen 7.3 per cent since the end of November, against a 4.1 per cent rally in the benchmark BSE Sensex.

In comparison, the FMCG index was up just 2.4 per cent between July end and November, against 17.4 per cent rise in the Sensex index during the period.

Some analysts see more upside in FMCG stocks given the performance gap between the sector and the market. 

The BSE FMCG