As partial lockdowns hit consumer confidence, market bets on consumer firms

Right product mix, softer input costs, probability of a good monsoon, and small-ticket nature of FMCG products may be the reason that stocks in this space are doing well

The second wave of coronavirus in India has brought with it a host of uncertainties on the economic front. The lockdowns this time are less severe than the nationwide lockdown of last year, suggesting that the economic impact will be milder.

In fact, Reserve Bank of India Governor Shaktikanta Das underlined the uncertainty in an unscheduled address on Wednesday, May 5. 

“The resurgence of the Covid-19 pandemic in India in recent weeks and the associated containment measures adopted at local/regional levels have created new uncertainties and impacted the nascent economic revival that was taking shape,” he said. He announced additional