Bearish on Nifty FMCG index; sees any rally up to around 58,000 as a counter-trend bounce rather than a structural recovery.

Jai Bala’s track record: 3 graded calls · 95% CI 44–100%

Nifty FMCG IndexBearishCalled 08 May 2026Graded 27 Jun 2026
Verdict:HIT

Nifty FMCG Index decreased from ₹51205.65 to ₹48098.65, a -6.07% drop, confirming the bearish call.

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