Market Round Up from Moneycontrol: More stock news. More stock advice. Top News Investors should shift to mid-tier FMCG cos: IDFC SSKI

Nikhil Vora, Managing Director, of IDFC SSKI, has advised investors to shift to mid-tier consumer companies. He expects midcap FMCGs to report higher sales growth than ITC and HUL.
With regard to United Spirits’ results, Vora said the company’s numbers were impressive and that it had addressed major concerns. He added the company’s balance sheet was strengthening and USL was no longer an expensive stock.