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FMCG stks dip amid waning demand concern; ITC, HUL drop up to 9% in 2 days

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FMCG stks dip amid waning demand concern; ITC, HUL drop up to 9% in 2 days

Shares of fast moving consumer goods (FMCG) companies were under pressure for the second straight day on Wednesday, falling nearly 5 per cent during the period, on concerns of slowing sales in the rural market.
On Tuesday, the country’s largest FMCG company,…

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