Defensive sectors like FMCG and pharmaceuticals were in the limelight in 2012, with several stocks in these sectors moving up sharply. The FMCG Index was up 47% and the BSE Pharma Index gained 39% as compared to the broad market indicator BSE Sensex’s 25% up-move. However , according to market pundits, the action may shift away from these sectors in 2013. Read more
