Technical Newsletter                                                                                               2015 FMCG Sector - The Hidden Gem in Market The CNX FMCG Index is designed to reflect the behavior and performance of FMCGs (Fast Moving Consumer Goods) which are non-durable, mass consumption products and available off the shelf. The CNX FMCG Index comprises of 15 stocks from FMCG sector listed on the National Stock Exchange (NSE). FMCG sector is known as the defensive player in market for its continuous growth regardless to the market sentiment. In the year 2008-2009 when Nifty fallen by more than 60% in a sharp downfall, even that time this sector continued to provide positive returns to long term and short term investors.  We want to take this sector in focus due to its continuous growth supported by domestic demands. Most of the FMCG stocks are trading at high PE ratio and there is no sign t