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Informist, Friday, Nov. 28, 2025

MUMBAI – Shares of fast-moving consumer goods companies are expected to continue their upward movement next week as well after the index closed higher on a weekly basis Friday. The next trigger for these stocks is likely to be the outcome of the Monetary Policy Committee's meeting next week. The Reserve Bank of India's rate-setting panel was expected to cut key interest rates by 25 basis points to 5.25% but higher-than-expected GDP growth has reduced such a probability.

India's economy expanded more than expected once again, with GDP growth rising to a six-quarter high of 8.2% in the September quarter, data released by the statistics ministry Friday showed. The Indian economy had grown higher-than-expected in the June quarter as well at 7.8%. GDP growth was 5.6% in the year-ago quarter.

"India's GDP is poised to exceed the $4 trillion mark in 2025-26, above the $3.9 trillion level recorded at the end of March," according to a report by Systematix Shares and Stocks (India), which cited Chief Economic Adviser V. Anantha Nageswaran.

Based on the economy's stronger-than-expected performance in the first half of 2025–26 (Apr-Mar), the GDP growth for the full year can comfortably be over 7%, Nageswaran said Friday while briefing the media after the statistics ministry released the GDP data for Jul-Sept. The Economic Survey for FY25 had estimated India's GDP growth to be 6.3–6.8% in FY26.

The consumption in rural areas has remained strong while that in urban areas has started to gain traction, buoyed by a reduction in goods and services tax. SBI Capital Markets expects consumption and demand to remain resilient in coming quarters. An above-normal monsoon, buoyancy in the services sector, a GST cut, and strong construction activity are expected to support growth by stoking private consumption despite trade tariff uncertainty and selective capital expenditure by the private sector companies, analysts said.

This week, the Nifty FMCG index moved in a tight range of 55600 points to 54900 points. Resistance for the index is seen at 56250–56600 points and support at 55000–54800 points for the next week, Vipin Kumaar, derivatives and technical analyst at Globe Capital Market, said. On Friday, the index closed 0.2% higher at 55595.80 points.

The index ended the week higher by 0.2%, underperforming the benchmark Nifty 50, which rose 0.5% over this period. The Nifty 50 closed 0.1% lower at 26202.95 points, closing the week on a positive note for the third consecutive time. Varun Beverages advanced nearly 8% on a weekly basis and was the top gainer in the index, while Marico fell over 3% and was the worst-hit.

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Following are the resistance and support levels for the stocks for next week as per calculations by Informist based on their prices on the National Stock Exchange:

End

Reported by Simran Rede

Edited by Ashish Shirke

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