Near term, go tactical and stick to defensive play via consumer and FMCG stocks: Mahesh Nandurkar – The Economic Times

In the near term, it is advisable to take a tactical approach and focus on defensive play by investing in consumer and FMCG stocks, according to Mahesh Nandurkar. This strategy aims to prioritize safety and stability in uncertain market conditions.

Consumer and FMCG stocks are known for their resilience during economic downturns and volatile market periods. These sectors tend to have steady demand for their products, which can help protect investments during times of market turbulence.

By sticking to defensive sectors like consumer and FMCG, investors can potentially shield their portfolios from excessive risk and volatility. This approach may not offer high returns in the short term, but it can provide a sense of security and stability during uncertain times.

Overall, taking a defensive stance in the current market environment by investing in consumer and FMCG stocks may be a prudent strategy to navigate through the near-term uncertainties.