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Bloomberg Quint
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FMCG Stock Picks: BofA Favours Titan, United Spirits, Marico; Flags Risk In DMart
- Bank of America favors Titan, United Spirits, and Marico as top stock picks in the FMCG sector.
- DMart faces earnings and valuation pressures amid increased competitive intensity.
- BofA expects stable but elusive meaningful recovery in the Indian consumer space.
- The brokerage suggests cautious approach with selective picks and flags margin risks in paints and packaged foods.
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