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Informist, Friday, Feb. 6, 2026

NEW DELHI – Stocks of fast-moving consumer goods companies could see a further upside in the coming week after logging healthy gains this week, according to analysts. "...if you see the broader markets, whenever they do not perform, FMCG index tends to perform well...So, we have seen this playing out this week and I see further upside. This was also kind of (a) beaten down index and the FMCG stocks were not doing well," the founder of a domestic equity and commodities research firm said.

The founder of the research firm said that while the government did not make a major announcement for the FMCG sector as part of the Union Budget for 2026-27 (Apr-Mar), the Centre is trying to revive consumption demand, especially in urban areas, which is expected to bode well for the sector. Further, analysts believe that the anticipated rise in consumption from the recent Goods and Services Tax rate cuts will materialise in the ongoing quarter, following a weak showing in the December quarter.

The Nifty FMCG index is likely to find support at 49300 points next week while 52880 points could pose as a resistance, the above-quoted founder said.

On Friday, the Nifty FMCG index rose over 2%, or 1151.10 points, to end the week at 51882.75 points. Barring Radico Khaitan, all the index constituents ended the last session of the week in the green. ITC was the best performing stock in the index with gains of over 5%, followed by sector bellwether Hindustan Unilever which ended nearly 3% higher.

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

End

Reported by Shakshi Jain

Edited by Ashish Shirke

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