# 848 Daily Money Show | Money Purse Stock Market News

65.1K views · Jul 08, 2024 · 17:16 min · Watch on YouTube ↗

Takeaway

Rural demand revival visible in Marico/Dabur Q1 updates is a key positive trigger for FMCG sector.

Summary

Sensex -36 to 79,960; Nifty -3 to 24,320; mild correction across board
Marico and Dabur Q1 business updates showed decent volume growth and rural demand pickup
Post-COVID urban recovery in FMCG was strong but rural demand stagnant; now finally improving
If rural pickup continues, FMCG sector benefits — add to watchlist or use FMCG-focused mutual fund
Government of India confirmed Union Budget for July 23; Nirmala Sitharaman to present

FMCGRural DemandMaricoDaburBudget

Original description

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Ep - 848
Date 07-08-2024

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