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Russia-Ukraine crisis: NSE FMCG index hits 9-month low, metal firms soar

\Russia-Ukraine conflict could hurt FMCG firms' earnings, compress demand: Experts

stocks, share markets, bse, nse
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Analysts also say the conflict is likely to disrupt the global supply of agricultural commodities, pushing their prices up as well

Krishna Kant Mumbai
The Russia-Ukraine crisis and the resulting rise in commodity prices has begun to weigh on consumer stocks while it has turned the fortunes of metals and mining stocks. The combined market capitalisation of NSE FMCG Index has slumped to a nine-month low, while the BSE Metal Index's market capitalisation is now at a six-month high.

The BSE Metal index, which tracks the share prices of the country’s top 10 metal and mining stocks – such as Tata Steel, JSW Steel, Hindalco, Vedanta, Coal India, NMDC, and Hindustan Zinc – closed Monday with market cap of Rs 9.53 trillion, up 7.3 per

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