$COLPAL $DABUR $DMART

Nifty FMCG Extends Losing Streak; Falls 2.5% in Three Sessions The Nifty FMCG Index continued its weak momentum, declining for the third consecutive trading session and losing around 2.5% during the period. The sell-off was primarily driven by sharp weakness in Dabur India and Colgate-Palmolive India. Key Highlights Nifty FMCG down approximately 2.5% over the last three sessions Major laggards: Dabur India Colgate-Palmolive India Selling pressure reflects concerns around: Slower urban consumption trends Margin pressures in certain product categories Rich valuations across FMCG stocks Mixed demand outlook despite easing inflation Market Interpretation Recent weakness suggests investors are rotating away from defensive FMCG names toward sectors offering stronger earnings growth prospects. The correction has been sharper in stocks where management commentary or growth expectations have fallen short of market estimates. What Investors Should Watch Upcoming quarterly business updates Rural demand recovery trends Input cost movements and margin outlook Volume growth versus pricing-led growth Market View While the near-term sentiment for FMCG remains cautious, the sector continues to be viewed as a defensive play with strong cash flows and brand strength. The current correction is likely being driven more by valuation concerns and earnings expectations than by any structural deterioration in business fundamentals.