In overall Inflation is bad for stock market because people will look for safer options and reduce their spending this will affect the sale of some products, But there are some stocks/products which will never loose demand infact they will see upmove also because of fear, those are nothing but consumer stocks.
The first reason they may upmove because even in worst conditions people never stop consuming food and never stop buying daily essentials they may cut luxuries like Automobiles, Electrics& Electronics but they never stop consuming food, and another reason can be by historical knowledge some may place defence in stock market by Investing this safe stocks.
We can consider below list for further study
Disclaimer : Above content purely for Educational purpose, Do your own research before taking any position.
Source : KRChoksey Research Report
Please FOLLOW US, SUBSCRIBE and SHARE this article with your friends. Learn and Grow with us.
If you have any queries feel free to contact us.
Thanks and Regards
FunTech Team