Market dynamics currently reflect a shift in defensive sector preferences as noted by Rohit Srivastava of Strike Money Analytics. Investors are increasingly cautious, with IT and pharmaceutical sectors losing their traditional status as defensive plays. Srivastava highlights that these sectors are facing headwinds and are effectively out of the picture for the near term.

In contrast, the Fast-Moving Consumer Goods (FMCG) sector is emerging as the only viable defensive option. Given the uncertain global cues and mixed performances across markets, FMCG stocks are attracting attention for their relative stability and resilience. Srivastava suggests that the market is likely to maintain a level above 24,600 points, expecting a gradual upward trend supported primarily by the defensive strength of the FMCG sector.

This strategic positioning marks a significant realignment, as investors seek safer havens amid volatility and sector-specific challenges, with FMCG stocks providing a cushion against broader market uncertainties. The focus on FMCG reflects confidence in consumer staples sustaining demand despite external pressures, making it the preferred defensive play for cautious market participants at present.