IT, FMCG lose defensive sheen. Where should investors seek safety now?

October 20, 2026

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IT and FMCG stocks, long considered safe havens during market volatility, are no longer offering the same protection as slowing growth, disruption and changing investor expectations weigh on performance. IT and FMCG stocks, long considered safe havens during market volatility, are no longer offering the same protection as slowing growth, disruption and changing investor expectations weigh on performance. 

IT, FMCG lose defensive sheen. Where should investors seek safety now?

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