"We continue to like FMCG. It is led by ITC which is in a league in itself at this point and is going to do bigger things going forward. Given the kind of weightage it has on the index, it will keep the FMCG Index steady. We like both ITC and HUL. Pharma has been an underperformer but may have reached that value zone. Here, I want to chase momentum stocks like Cipla, Sun Pharma."
