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Should you steer of clear consumer stocks now?


Should you steer clear of consumer stocks now?
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Last Updated: Jun 14, 2021, 01:14 PM IST
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Synopsis
“Some surveys have shown that consumer incomes have fallen to 2019 levels! This has an impact on what people consume, says Sandip Sabharwal.”
ETMarkets.com
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Could the market be headed for some consolidation before the next up move?
In the ideal scenario, there should be some consolidation correction because Indian markets have been rising even if as many other markets have been either consolidating or correcting. The good thing is that the monsoon progress is quite rapid and crude price moderation could happen going forward. We have seen a significant rise in many of the food article prices. However, there are other inflationary pressures around us, which are global in nature, especially related to crude, petroleum, plastic, steel and metals. ....

Sandip Sabharwal , Consumer Durables , Stocks To Buy , Crude Prices , Et Now , Consumer Stocks , சண்டீப் சபர்வால் , நுகர்வோர் நீடித்த பொருட்கள் , ஸ்டாக்ஸ் க்கு வாங்க , கச்சா ப்ரைஸஸ் , மற்றும் பலர் இப்போது , நுகர்வோர் ஸ்டாக்ஸ் ,