Pharma & FMCG stocks better placed; buy the dips in Nifty: Viraj Vyas | Economic Times

Pharma & FMCG stocks better placed; buy the dips in Nifty: Viraj Vyas https://ift.tt/rP5cCHV Nifty Bank is critical as its constituent have about one third weightage in the Nifty50 Index. However, banking stocks led the rally in the first week of July which was latter affected by sectoral rotation, as said by analysts.Technically, the index did face pressure at the 200 DMA, where the profit booking move commenced, said Vyas.