Daily Voice | Exide Life CIO Shyamsunder Bhat sees substantial FII purchases next year with potential... - Moneycontrol

The pharma sector and the FMCG (consumer staples) sector would fare better in a recessionary environment, to an extent. However valuations in most of the FMCG companies, and in some of the pharma companies, may not offer much upside from present levels.

The Indian equity market has gone into a tailspin in the last few sessions amid mounting inflationary pressure and intensifying fears of recession in the US economy. But the Indian economy looks seat… [+10732 chars]

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